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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 | $74,492 | $73,787+1.0% | $98,716-24.5% | $82,448-9.6% |
| Participation rate | 46.6% | 61.4%-14.9pp | 69.3%-22.7pp | 68.1%-21.5pp |
| Annual return | 16.08% | 18.57%-2.5pp | 31.81%-15.7pp | 41.64%-25.6pp |
| Employer contribution / active EE | $980 | $1,511-35.1% | $2,279-57.0% | $2,551-61.6% |
| Participant deferral / active EE | $647 | $3,081-79.0% | $4,048-84.0% | $4,139-84.4% |
| Admin fee / account holder | $4,391 | $6,500-32.4% | $8,703-49.5% | $7,234-39.3% |