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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 | $25,399 | $61,605-58.8% | $112,273-77.4% | $75,173-66.2% |
| Participation rate | 32.5% | 61.7%-29.2pp | 72.4%-39.9pp | 67.2%-34.7pp |
| Annual return | 19.73% | 28.47%-8.7pp | 30.23%-10.5pp | 160.72%-141.0pp |
| Employer contribution / active EE | $1,005 | $2,015-50.1% | $3,431-70.7% | $2,671-62.4% |
| Participant deferral / active EE | $1,079 | $3,108-65.3% | $4,800-77.5% | $4,126-73.8% |
| Admin fee / account holder | $989 | $4,862-79.7% | $7,752-87.2% | $5,651-82.5% |