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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 | $48,651 | $55,457-12.3% | $77,361-37.1% | $94,015-48.3% |
| Participation rate | 21.1% | 69.8%-48.8pp | 75.0%-53.9pp | 70.8%-49.8pp |
| Annual return | 10.40% | 15.57%-5.2pp | 1011.54%-1001.1pp | 17.84%-7.4pp |
| Employer contribution / active EE | $0 | $2,255-100.0% | $2,990-100.0% | $2,790-100.0% |
| Participant deferral / active EE | $951 | $3,069-69.0% | $3,911-75.7% | $4,249-77.6% |
| Admin fee / account holder | $10,116 | $4,334+133.4% | $5,894+71.7% | $8,951+13.0% |