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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 | $38,754 | $95,404-59.4% | $113,397-65.8% | $82,637-53.1% |
| Participation rate | 51.9% | 72.8%-21.0pp | 76.5%-24.6pp | 68.1%-16.2pp |
| Annual return | 13.26% | 19.08%-5.8pp | 23.20%-9.9pp | 53.51%-40.2pp |
| Employer contribution / active EE | $1,148 | $2,307-50.2% | $2,977-61.5% | $2,552-55.0% |
| Participant deferral / active EE | $1,776 | $4,220-57.9% | $5,076-65.0% | $4,126-57.0% |
| Admin fee / account holder | $3,612 | $9,168-60.6% | $11,957-69.8% | $7,339-50.8% |