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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 | $84,126 | $157,304-46.5% | $141,197-40.4% | $152,909-45.0% |
| Participation rate | 35.0% | 84.8%-49.8pp | 82.5%-47.5pp | 82.5%-47.5pp |
| Annual return | 17.42% | 64.34%-46.9pp | 71.41%-54.0pp | 345.46%-328.0pp |
| Employer contribution / active EE | $0 | $5,263-100.0% | $4,736-100.0% | $4,764-100.0% |
| Participant deferral / active EE | $2,171 | $7,111-69.5% | $6,710-67.6% | $5,851-62.9% |
| Admin fee / account holder | $6,417 | $12,126-47.1% | $10,265-37.5% | $11,601-44.7% |