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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 | $53,783 | $86,294-37.7% | $111,303-51.7% | $85,856-37.4% |
| Participation rate | 23.6% | 73.3%-49.7pp | 77.3%-53.7pp | 69.3%-45.7pp |
| Annual return | 11.88% | 19.99%-8.1pp | 54.66%-42.8pp | 318.58%-306.7pp |
| Employer contribution / active EE | $852 | $2,043-58.3% | $2,731-68.8% | $2,565-66.8% |
| Participant deferral / active EE | $1,522 | $3,641-58.2% | $4,487-66.1% | $3,952-61.5% |
| Admin fee / account holder | $2,958 | $8,189-63.9% | $7,966-62.9% | $6,261-52.7% |