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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 | $36,081 | $64,909-44.4% | $82,312-56.2% | $62,293-42.1% |
| Participation rate | 34.8% | 74.9%-40.0pp | 76.9%-42.1pp | 69.5%-34.7pp |
| Annual return | 17.01% | 21.18%-4.2pp | 25.88%-8.9pp | 28.90%-11.9pp |
| Employer contribution / active EE | $450 | $1,676-73.1% | $2,428-81.5% | $2,042-78.0% |
| Participant deferral / active EE | $892 | $3,103-71.3% | $3,706-75.9% | $3,169-71.9% |
| Admin fee / account holder | $1,593 | $440+262.4% | $5,608-71.6% | $479+232.4% |