Filed September 11, 2025
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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $98,795 | $83,369+18.5% | $105,223-6.1% | $67,986+45.3% |
| Participation rate | 45.8% | 56.3%-10.5pp | 75.0%-29.2pp | 57.2%-11.4pp |
| Annual return | 20.77% | 24.64%-3.9pp | 180.65%-159.9pp | 31.67%-10.9pp |
| Employer contribution / active EE | $1,391 | $2,541-45.2% | $3,689-62.3% | $2,019-31.1% |
| Participant deferral / active EE | $2,542 | $3,295-22.8% | $5,072-49.9% | $3,358-24.3% |
| Admin fee / account holder | $1,991 | $4,073-51.1% | $8,859-77.5% | $3,203-37.8% |