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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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,801 | $104,098-72.3% | $140,514-79.5% | $94,015-69.4% |
| Participation rate | 82.9% | 73.7%+9.1pp | 77.8%+5.1pp | 70.8%+12.0pp |
| Annual return | 8.05% | 15.14%-7.1pp | 14.36%-6.3pp | 17.84%-9.8pp |
| Employer contribution / active EE | $0 | $2,388-100.0% | $3,378-100.0% | $2,790-100.0% |
| Participant deferral / active EE | $2,711 | $4,033-32.8% | $4,919-44.9% | $4,249-36.2% |
| Admin fee / account holder | $6,954 | $10,439-33.4% | $13,697-49.2% | $8,951-22.3% |