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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 | $69,502 | $217,427-68.0% | $185,837-62.6% | $167,518-58.5% |
| Participation rate | 25.0% | 86.0%-61.0pp | 81.7%-56.7pp | 82.1%-57.1pp |
| Annual return | 13.84% | 148.39%-134.6pp | 122.08%-108.2pp | 478.71%-464.9pp |
| Employer contribution / active EE | $8,846 | $5,874+50.6% | $5,168+71.2% | $4,838+82.8% |
| Participant deferral / active EE | $2,031 | $6,357-68.0% | $5,568-63.5% | $6,342-68.0% |
| Admin fee / account holder | $4,367 | $19,816-78.0% | $16,241-73.1% | $12,312-64.5% |