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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 | $51,656 | $72,492-28.7% | $87,102-40.7% | $72,983-29.2% |
| Participation rate | 19.4% | 72.8%-53.4pp | 76.9%-57.4pp | 69.5%-50.0pp |
| Annual return | 22.90% | 24.46%-1.6pp | 28.19%-5.3pp | 81.01%-58.1pp |
| Employer contribution / active EE | $1,681 | $1,894-11.3% | $2,521-33.3% | $2,440-31.1% |
| Participant deferral / active EE | $815 | $3,270-75.1% | $4,048-79.9% | $3,608-77.4% |
| Admin fee / account holder | $1,093 | $5,055-78.4% | $7,491-85.4% | $5,124-78.7% |