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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 | $77,719 | $125,237-37.9% | $105,608-26.4% | $145,877-46.7% |
| Participation rate | 42.1% | 77.7%-35.5pp | 75.3%-33.2pp | 80.3%-38.2pp |
| Annual return | 10.04% | 225.76%-215.7pp | 116.50%-106.5pp | 551.28%-541.2pp |
| Employer contribution / active EE | $0 | $3,720-100.0% | $3,167-100.0% | $4,663-100.0% |
| Participant deferral / active EE | $1,202 | $5,711-79.0% | $5,010-76.0% | $6,691-82.0% |
| Admin fee / account holder | $3,750 | $17,287-78.3% | $11,028-66.0% | $13,402-72.0% |