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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 | $41,793 | $86,919-51.9% | $102,457-59.2% | $80,911-48.3% |
| Participation rate | 42.0% | 72.4%-30.4pp | 76.5%-34.5pp | 67.6%-25.6pp |
| Annual return | 10.40% | 18.90%-8.5pp | 29.41%-19.0pp | 35.63%-25.2pp |
| Employer contribution / active EE | $0 | $2,368-100.0% | $3,022-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $1,542 | $4,119-62.6% | $5,054-69.5% | $4,297-64.1% |
| Admin fee / account holder | $15,286 | $8,049+89.9% | $9,451+61.7% | $6,935+120.4% |