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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 | $55,858 | $89,225-37.4% | $136,072-58.9% | $74,459-25.0% |
| Participation rate | 21.3% | 69.4%-48.1pp | 76.4%-55.1pp | 67.2%-45.9pp |
| Annual return | 11.15% | 22.76%-11.6pp | 580.46%-569.3pp | 1369.70%-1358.6pp |
| Employer contribution / active EE | $0 | $2,816-100.0% | $4,216-100.0% | $2,626-100.0% |
| Participant deferral / active EE | $781 | $4,597-83.0% | $7,028-88.9% | $4,350-82.0% |
| Admin fee / account holder | $978 | $1,545-36.7% | $6,718-85.4% | $1,945-49.7% |