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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 | $10,405 | $55,684-81.3% | $75,900-86.3% | $72,976-85.7% |
| Participation rate | 79.5% | 61.1%+18.3pp | 69.3%+10.2pp | 69.5%+10.0pp |
| Annual return | 1.80% | 27.60%-25.8pp | 30.73%-28.9pp | 81.02%-79.2pp |
| Employer contribution / active EE | $0 | $1,687-100.0% | $2,501-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $1,299 | $2,634-50.7% | $3,604-63.9% | $3,608-64.0% |
| Admin fee / account holder | $490 | $3,981-87.7% | $5,421-91.0% | $5,124-90.4% |