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 | $59,012 | $45,082+30.9% | $69,464-15.0% | $72,975-19.1% |
| Participation rate | 68.3% | 68.5%-0.2pp | 74.6%-6.3pp | 69.5%-1.2pp |
| Annual return | 8.17% | 22.66%-14.5pp | 28.98%-20.8pp | 81.01%-72.8pp |
| Employer contribution / active EE | $1,477 | $2,055-28.1% | $2,779-46.8% | $2,440-39.5% |
| Participant deferral / active EE | $4,344 | $2,604+66.8% | $3,536+22.8% | $3,608+20.4% |
| Admin fee / account holder | $1,392 | $3,057-54.5% | $3,840-63.7% | $5,124-72.8% |