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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 | $39,214 | $115,225-66.0% | $100,712-61.1% | $138,895-71.8% |
| Participation rate | 33.3% | 74.3%-41.0pp | 69.3%-35.9pp | 79.9%-46.6pp |
| Annual return | 18.54% | 40.35%-21.8pp | 33.27%-14.7pp | 145.39%-126.9pp |
| Employer contribution / active EE | $982 | $2,771-64.6% | $2,313-57.5% | $4,194-76.6% |
| Participant deferral / active EE | $982 | $4,699-79.1% | $4,085-76.0% | $6,396-84.6% |
| Admin fee / account holder | $980 | $10,844-91.0% | $9,256-89.4% | $12,562-92.2% |