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Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,067 | $60,349-60.1% | $74,184-67.6% | $62,881-61.7% |
| Participation rate | 97.1% | 72.7%+24.4pp | 76.6%+20.5pp | 69.3%+27.8pp |
| Annual return | 4.66% | 21.38%-16.7pp | 17.74%-13.1pp | 20.14%-15.5pp |
| Employer contribution / active EE | $1,812 | $1,680+7.8% | $2,370-23.6% | $2,281-20.6% |
| Participant deferral / active EE | $881 | $2,856-69.1% | $3,550-75.2% | $3,203-72.5% |
| Admin fee / account holder | $3,873 | $4,261-9.1% | $5,586-30.7% | $4,296-9.8% |