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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 | $59,576 | $102,245-41.7% | $89,340-33.3% | $137,256-56.6% |
| Participation rate | 31.6% | 74.9%-43.3pp | 69.6%-38.0pp | 80.0%-48.4pp |
| Annual return | 12.73% | 21.89%-9.2pp | 20.57%-7.8pp | 220.34%-207.6pp |
| Employer contribution / active EE | $575 | $2,529-77.3% | $2,231-74.2% | $4,156-86.2% |
| Participant deferral / active EE | $778 | $4,436-82.5% | $3,823-79.7% | $6,407-87.9% |
| Admin fee / account holder | $4,350 | $8,085-46.2% | $6,704-35.1% | $12,270-64.6% |