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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 | $15,007 | $81,276-81.5% | $155,574-90.4% | $80,925-81.5% |
| Participation rate | 44.2% | 66.2%-22.0pp | 78.2%-34.0pp | 67.7%-23.4pp |
| Annual return | 11.06% | 33.36%-22.3pp | 64.87%-53.8pp | 35.65%-24.6pp |
| Employer contribution / active EE | $2,149 | $3,103-30.8% | $4,676-54.0% | $2,756-22.0% |
| Participant deferral / active EE | $338 | $3,453-90.2% | $5,629-94.0% | $4,299-92.1% |
| Admin fee / account holder | $1,142 | $7,993-85.7% | $15,914-92.8% | $6,940-83.5% |