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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 | $37,087 | $86,050-56.9% | $189,758-80.5% | $94,015-60.6% |
| Participation rate | 25.0% | 68.9%-43.9pp | 79.8%-54.8pp | 70.8%-45.8pp |
| Annual return | 15.31% | 17.77%-2.5pp | 52.62%-37.3pp | 17.84%-2.5pp |
| Employer contribution / active EE | $529 | $2,819-81.2% | $4,767-88.9% | $2,790-81.0% |
| Participant deferral / active EE | $807 | $3,349-75.9% | $5,856-86.2% | $4,249-81.0% |
| Admin fee / account holder | $869 | $6,627-86.9% | $20,388-95.7% | $8,951-90.3% |