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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer 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 | $66,862 | $110,137-39.3% | $161,149-58.5% | $82,637-19.1% |
| Participation rate | 51.4% | 72.4%-21.0pp | 78.8%-27.5pp | 68.1%-16.7pp |
| Annual return | 16.79% | 20.69%-3.9pp | 21.16%-4.4pp | 53.51%-36.7pp |
| Employer contribution / active EE | $0 | $2,856-100.0% | $4,360-100.0% | $2,552-100.0% |
| Participant deferral / active EE | $4,639 | $4,575+1.4% | $6,153-24.6% | $4,126+12.4% |
| Admin fee / account holder | $3,309 | $9,467-65.0% | $15,194-78.2% | $7,339-54.9% |