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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 | $40,555 | $91,559-55.7% | $133,971-69.7% | $79,852-49.2% |
| Participation rate | 34.8% | 73.3%-38.5pp | 79.8%-45.0pp | 69.6%-34.8pp |
| Annual return | 11.49% | 61.85%-50.4pp | 45.09%-33.6pp | 31.72%-20.2pp |
| Employer contribution / active EE | $0 | $2,384-100.0% | $3,919-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $854 | $3,734-77.1% | $5,047-83.1% | $3,740-77.2% |
| Admin fee / account holder | $22,604 | $6,321+257.6% | $8,929+153.1% | $5,306+326.0% |