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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 | $53,138 | $82,979-36.0% | $102,383-48.1% | $77,714-31.6% |
| Participation rate | 21.3% | 71.5%-50.3pp | 74.5%-53.2pp | 70.6%-49.3pp |
| Annual return | 14.44% | 19.11%-4.7pp | 24.94%-10.5pp | 31.26%-16.8pp |
| Employer contribution / active EE | $849 | $3,554-76.1% | $3,870-78.1% | $2,727-68.9% |
| Participant deferral / active EE | $1,749 | $4,109-57.4% | $5,060-65.4% | $4,649-62.4% |
| Admin fee / account holder | $2,259 | $639+253.8% | $8,391-73.1% | $433+421.5% |