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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 | $38,131 | $60,349-36.8% | $74,184-48.6% | $62,881-39.4% |
| Participation rate | 30.5% | 72.7%-42.2pp | 76.6%-46.1pp | 69.3%-38.8pp |
| Annual return | 10.70% | 21.38%-10.7pp | 17.74%-7.0pp | 20.14%-9.4pp |
| Employer contribution / active EE | $494 | $1,680-70.6% | $2,370-79.2% | $2,281-78.4% |
| Participant deferral / active EE | $1,030 | $2,856-63.9% | $3,550-71.0% | $3,203-67.8% |
| Admin fee / account holder | $3,496 | $4,261-17.9% | $5,586-37.4% | $4,296-18.6% |