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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 | $23,391 | $148,623-84.3% | $135,974-82.8% | $139,466-83.2% |
| Participation rate | 37.5% | 83.9%-46.4pp | 81.9%-44.4pp | 80.3%-42.8pp |
| Annual return | 24.25% | 79.30%-55.0pp | 68.30%-44.1pp | 373.66%-349.4pp |
| Employer contribution / active EE | $1,156 | $5,246-78.0% | $4,859-76.2% | $4,754-75.7% |
| Participant deferral / active EE | $1,810 | $8,103-77.7% | $7,760-76.7% | $6,712-73.0% |
| Admin fee / account holder | $789 | $12,406-93.6% | $10,767-92.7% | $11,409-93.1% |