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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 | $36,951 | $81,208-54.5% | $98,920-62.6% | $79,856-53.7% |
| Participation rate | 23.3% | 72.5%-49.2pp | 76.0%-52.7pp | 69.6%-46.3pp |
| Annual return | 0.00% | 60.99%-61.0pp | 196.47%-196.5pp | 31.71%-31.7pp |
| Employer contribution / active EE | $711 | $1,960-63.7% | $2,689-73.6% | $2,471-71.2% |
| Participant deferral / active EE | $1,394 | $3,265-57.3% | $4,245-67.2% | $3,741-62.7% |
| Admin fee / account holder | $1,792 | $6,013-70.2% | $6,643-73.0% | $5,306-66.2% |