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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 | $224,615 | $81,504+175.6% | $102,437+119.3% | $80,959+177.4% |
| Participation rate | 18.8% | 66.9%-48.1pp | 74.5%-55.8pp | 67.7%-48.9pp |
| Annual return | 13.75% | 25.60%-11.9pp | 24.95%-11.2pp | 35.67%-21.9pp |
| Employer contribution / active EE | $0 | $3,104-100.0% | $3,871-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $1,187 | $3,871-69.3% | $5,060-76.5% | $4,300-72.4% |
| Admin fee / account holder | $9,845 | $6,719+46.5% | $8,388+17.4% | $6,925+42.2% |