Filed July 1, 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 | $99,630 | $47,479+109.8% | $62,929+58.3% | $82,448+20.8% |
| Participation rate | 60.0% | 66.9%-6.9pp | 73.1%-13.1pp | 68.1%-8.1pp |
| Annual return | 12.92% | 20.34%-7.4pp | 1063.93%-1051.0pp | 41.64%-28.7pp |
| Employer contribution / active EE | $1,636 | $1,885-13.2% | $2,505-34.7% | $2,551-35.9% |
| Participant deferral / active EE | $5,547 | $2,870+93.3% | $3,888+42.7% | $4,139+34.0% |
| Admin fee / account holder | $1,672 | $3,804-56.1% | $5,065-67.0% | $7,234-76.9% |