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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $16,393 | $76,834-78.7% | $108,359-84.9% | $87,485-81.3% |
| Participation rate | 96.4% | 61.7%+34.7pp | 70.1%+26.3pp | 68.9%+27.5pp |
| Annual return | 6.40% | 19.09%-12.7pp | 36.89%-30.5pp | 26.06%-19.7pp |
| Employer contribution / active EE | $1,583 | $1,556+1.7% | $2,399-34.0% | $2,596-39.0% |
| Participant deferral / active EE | $2,505 | $3,100-19.2% | $4,137-39.4% | $4,274-41.4% |
| Admin fee / account holder | $2,621 | $6,537-59.9% | $9,741-73.1% | $7,775-66.3% |