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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 | $49,233 | $95,453-48.4% | $112,040-56.1% | $82,448-40.3% |
| Participation rate | 59.1% | 72.8%-13.7pp | 76.5%-17.4pp | 68.1%-9.0pp |
| Annual return | 12.51% | 23.92%-11.4pp | 24.52%-12.0pp | 41.64%-29.1pp |
| Employer contribution / active EE | $0 | $2,318-100.0% | $2,954-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $1,310 | $4,224-69.0% | $5,098-74.3% | $4,139-68.4% |
| Admin fee / account holder | $1,195 | $9,013-86.7% | $12,098-90.1% | $7,234-83.5% |