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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 | $63,491 | $77,145-17.7% | $108,410-41.4% | $85,856-26.0% |
| Participation rate | 29.4% | 74.7%-45.3pp | 80.1%-50.7pp | 69.3%-39.9pp |
| Annual return | 14.26% | 44.54%-30.3pp | 905.34%-891.1pp | 318.58%-304.3pp |
| Employer contribution / active EE | $0 | $2,379-100.0% | $3,558-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $591 | $5,566-89.4% | $6,562-91.0% | $3,952-85.1% |
| Admin fee / account holder | $15,769 | $5,172+204.9% | $7,296+116.1% | $6,261+151.9% |