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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 | $34,034 | $126,661-73.1% | $113,397-70.0% | $138,895-75.5% |
| Participation rate | 43.5% | 79.4%-36.0pp | 76.5%-33.0pp | 79.9%-36.4pp |
| Annual return | 11.65% | 25.05%-13.4pp | 23.20%-11.5pp | 145.39%-133.7pp |
| Employer contribution / active EE | $0 | $3,456-100.0% | $2,977-100.0% | $4,194-100.0% |
| Participant deferral / active EE | $689 | $5,693-87.9% | $5,076-86.4% | $6,396-89.2% |
| Admin fee / account holder | $5,830 | $14,549-59.9% | $11,957-51.2% | $12,562-53.6% |