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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 | $37,082 | $56,894-34.8% | $84,753-56.2% | $62,881-41.0% |
| Participation rate | 32.5% | 68.5%-36.0pp | 76.6%-44.1pp | 69.3%-36.8pp |
| Annual return | 5.60% | 6.30%-0.7pp | 22.78%-17.2pp | 20.14%-14.5pp |
| Employer contribution / active EE | $643 | $2,400-73.2% | $3,574-82.0% | $2,281-71.8% |
| Participant deferral / active EE | $893 | $2,709-67.0% | $3,712-75.9% | $3,203-72.1% |
| Admin fee / account holder | $4,059 | $3,581+13.4% | $5,333-23.9% | $4,296-5.5% |