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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 | $37,648 | $72,486-48.1% | $87,103-56.8% | $72,976-48.4% |
| Participation rate | 35.8% | 72.8%-37.0pp | 76.9%-41.0pp | 69.5%-33.6pp |
| Annual return | 16.68% | 24.46%-7.8pp | 28.19%-11.5pp | 81.02%-64.3pp |
| Employer contribution / active EE | $692 | $1,894-63.5% | $2,521-72.6% | $2,440-71.6% |
| Participant deferral / active EE | $1,391 | $3,270-57.5% | $4,049-65.6% | $3,608-61.4% |
| Admin fee / account holder | $4,821 | $5,055-4.6% | $7,491-35.6% | $5,124-5.9% |