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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 | $23,774 | $116,462-79.6% | $85,826-72.3% | $116,462-79.6% |
| Participation rate | 75.8% | 74.7%+1.1pp | 72.9%+2.9pp | 74.7%+1.1pp |
| Annual return | 19.39% | 15.65%+3.7pp | -10.29%+29.7pp | 15.65%+3.7pp |
| Employer contribution / active EE | $3,159 | $3,231-2.2% | $6,831-53.8% | $3,231-2.2% |
| Participant deferral / active EE | $1,430 | $3,836-62.7% | $3,752-61.9% | $3,836-62.7% |
| Admin fee / account holder | $3,511 | $12,754-72.5% | $4,820-27.2% | $12,754-72.5% |