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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 | $29,201 | $84,236-65.3% | $170,435-82.9% | $70,126-58.4% |
| Participation rate | 7.1% | 70.8%-63.7pp | 83.6%-76.5pp | 69.5%-62.4pp |
| Annual return | 15.10% | 23.06%-8.0pp | 205.94%-190.8pp | 73.15%-58.0pp |
| Employer contribution / active EE | $0 | $3,387-100.0% | $5,432-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $546 | $3,086-82.3% | $4,939-89.0% | $3,332-83.6% |
| Admin fee / account holder | $1,702 | $5,698-70.1% | $13,881-87.7% | $4,645-63.4% |