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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 | $43,873 | $251,004-82.5% | $191,597-77.1% | $138,895-68.4% |
| Participation rate | 68.4% | 82.4%-13.9pp | 76.9%-8.5pp | 79.9%-11.5pp |
| Annual return | 16.05% | 31.05%-15.0pp | 27.07%-11.0pp | 145.39%-129.3pp |
| Employer contribution / active EE | $0 | $6,226-100.0% | $5,025-100.0% | $4,194-100.0% |
| Participant deferral / active EE | $1,142 | $8,154-86.0% | $6,850-83.3% | $6,396-82.1% |
| Admin fee / account holder | $4,823 | $31,471-84.7% | $22,799-78.8% | $12,562-61.6% |