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 | $73,443 | $42,917+71.1% | $60,899+20.6% | $68,495+7.2% |
| Participation rate | 59.3% | 66.8%-7.5pp | 73.1%-13.8pp | 67.9%-8.6pp |
| Annual return | -15.14% | -13.99%-1.2pp | 16.92%-32.1pp | -7.84%-7.3pp |
| Employer contribution / active EE | $1,325 | $1,979-33.0% | $2,702-51.0% | $2,596-49.0% |
| Participant deferral / active EE | $3,879 | $2,867+35.3% | $3,817+1.6% | $4,028-3.7% |
| Admin fee / account holder | $1,599 | $3,102-48.4% | $3,225-50.4% | $5,403-70.4% |