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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 | $120,782 | $72,273+67.1% | $101,275+19.3% | $79,856+51.2% |
| Participation rate | 44.0% | 68.5%-24.5pp | 75.8%-31.8pp | 69.6%-25.6pp |
| Annual return | 17.24% | 22.30%-5.1pp | 46.48%-29.2pp | 31.71%-14.5pp |
| Employer contribution / active EE | $946 | $2,691-64.8% | $3,660-74.1% | $2,471-61.7% |
| Participant deferral / active EE | $1,194 | $3,282-63.6% | $4,371-72.7% | $3,741-68.1% |
| Admin fee / account holder | $11,807 | $4,401+168.3% | $5,948+98.5% | $5,306+122.5% |