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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 | $23,037 | $110,337-79.1% | $102,383-77.5% | $145,877-84.2% |
| Participation rate | 29.4% | 77.9%-48.5pp | 74.5%-45.1pp | 80.3%-50.9pp |
| Annual return | 9.74% | 24.83%-15.1pp | 24.94%-15.2pp | 551.28%-541.5pp |
| Employer contribution / active EE | $1,140 | $4,216-73.0% | $3,870-70.5% | $4,663-75.5% |
| Participant deferral / active EE | $1,419 | $5,621-74.8% | $5,060-72.0% | $6,691-78.8% |
| Admin fee / account holder | $3,600 | $9,750-63.1% | $8,391-57.1% | $13,402-73.1% |