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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 | $117,547 | $101,795+15.5% | $165,100-28.8% | $80,959+45.2% |
| Participation rate | 34.1% | 71.8%-37.7pp | 78.6%-44.5pp | 67.7%-33.6pp |
| Annual return | 11.74% | 16.73%-5.0pp | 70.21%-58.5pp | 35.67%-23.9pp |
| Employer contribution / active EE | $0 | $2,954-100.0% | $4,348-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $1,822 | $4,476-59.3% | $6,035-69.8% | $4,300-57.6% |
| Admin fee / account holder | $9,131 | $8,221+11.1% | $12,696-28.1% | $6,925+31.9% |