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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 | $42,861 | $60,349-29.0% | $74,184-42.2% | $62,881-31.8% |
| Participation rate | 64.9% | 72.7%-7.8pp | 76.6%-11.7pp | 69.3%-4.4pp |
| Annual return | 7.01% | 21.38%-14.4pp | 17.74%-10.7pp | 20.14%-13.1pp |
| Employer contribution / active EE | $0 | $1,680-100.0% | $2,370-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $1,042 | $2,856-63.5% | $3,550-70.6% | $3,203-67.5% |
| Admin fee / account holder | $6,919 | $4,261+62.4% | $5,586+23.9% | $4,296+61.1% |