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Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $14,289 | $48,364-70.5% | $71,796-80.1% | $62,881-77.3% |
| Participation rate | 97.1% | 60.6%+36.4pp | 69.1%+27.9pp | 69.3%+27.8pp |
| Annual return | 9.54% | 13.16%-3.6pp | 78.04%-68.5pp | 20.14%-10.6pp |
| Employer contribution / active EE | $1,471 | $1,042+41.1% | $1,924-23.6% | $2,281-35.5% |
| Participant deferral / active EE | $361 | $2,091-82.7% | $2,794-87.1% | $3,203-88.7% |
| Admin fee / account holder | $2,303 | $3,771-38.9% | $4,815-52.2% | $4,296-46.4% |