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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 | $23,162 | $88,583-73.9% | $88,497-73.8% | $273,972-91.5% |
| Participation rate | 31.6% | 83.5%-51.9pp | 82.4%-50.8pp | 83.0%-51.4pp |
| Annual return | 7.45% | 5.68%+1.8pp | 7.63%-0.2pp | 41.46%-34.0pp |
| Employer contribution / active EE | $1,299 | $4,502-71.1% | $4,036-67.8% | $4,869-73.3% |
| Participant deferral / active EE | $833 | $4,891-83.0% | $4,899-83.0% | $5,287-84.2% |
| Admin fee / account holder | $3,578 | $8,980-60.2% | $6,220-42.5% | $10,133-64.7% |