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 | $55,457+79.7% | $77,361+28.8% | $94,015+6.0% |
| Participation rate | 60.0% | 69.8%-9.8pp | 75.0%-15.0pp | 70.8%-10.8pp |
| Annual return | 12.92% | 15.57%-2.6pp | 1011.54%-998.6pp | 17.84%-4.9pp |
| Employer contribution / active EE | $1,636 | $2,255-27.4% | $2,990-45.3% | $2,790-41.4% |
| Participant deferral / active EE | $5,547 | $3,069+80.7% | $3,911+41.8% | $4,249+30.5% |
| Admin fee / account holder | $1,672 | $4,334-61.4% | $5,894-71.6% | $8,951-81.3% |