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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 | $92,485 | $84,236+9.8% | $170,435-45.7% | $70,126+31.9% |
| Participation rate | 29.6% | 70.8%-41.2pp | 83.6%-54.0pp | 69.5%-39.9pp |
| Annual return | 15.57% | 23.06%-7.5pp | 205.94%-190.4pp | 73.15%-57.6pp |
| Employer contribution / active EE | $0 | $3,387-100.0% | $5,432-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $630 | $3,086-79.6% | $4,939-87.3% | $3,332-81.1% |
| Admin fee / account holder | $8,645 | $5,698+51.7% | $13,881-37.7% | $4,645+86.1% |