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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $55,199 | $112,933-51.1% | $90,970-39.3% | $158,982-65.3% |
| Participation rate | 21.1% | 74.7%-53.7pp | 69.0%-48.0pp | 82.0%-60.9pp |
| Annual return | 18.63% | 215.82%-197.2pp | 134.60%-116.0pp | 302.99%-284.4pp |
| Employer contribution / active EE | $0 | $2,893-100.0% | $2,122-100.0% | $4,763-100.0% |
| Participant deferral / active EE | $339 | $4,128-91.8% | $3,373-89.9% | $5,983-94.3% |
| Admin fee / account holder | $1,373 | $8,047-82.9% | $5,961-77.0% | $11,252-87.8% |