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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 | $69,963 | $98,776-29.2% | $149,745-53.3% | $79,856-12.4% |
| Participation rate | 29.8% | 75.8%-46.0pp | 82.5%-52.7pp | 69.6%-39.9pp |
| Annual return | 19.55% | 27.38%-7.8pp | 276.72%-257.2pp | 31.71%-12.2pp |
| Employer contribution / active EE | $869 | $3,217-73.0% | $4,646-81.3% | $2,471-64.8% |
| Participant deferral / active EE | $2,005 | $5,681-64.7% | $6,843-70.7% | $3,741-46.4% |
| Admin fee / account holder | $1,605 | $6,053-73.5% | $9,312-82.8% | $5,306-69.7% |