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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 | $61,217 | $80,781-24.2% | $102,437-40.2% | $74,478-17.8% |
| Participation rate | 24.6% | 65.7%-41.1pp | 74.5%-49.9pp | 67.2%-42.6pp |
| Annual return | 13.94% | 27.58%-13.6pp | 24.95%-11.0pp | 1370.56%-1356.6pp |
| Employer contribution / active EE | $929 | $3,160-70.6% | $3,871-76.0% | $2,626-64.6% |
| Participant deferral / active EE | $1,537 | $3,862-60.2% | $5,060-69.6% | $4,350-64.7% |
| Admin fee / account holder | $813 | $2,372-65.7% | $8,388-90.3% | $1,946-58.2% |