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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 | $44,996 | $185,141-75.7% | $153,416-70.7% | $155,188-71.0% |
| Participation rate | 66.7% | 79.9%-13.3pp | 74.3%-7.7pp | 80.8%-14.1pp |
| Annual return | 15.78% | 18.72%-2.9pp | 17.84%-2.1pp | 148.84%-133.1pp |
| Employer contribution / active EE | $1,300 | $4,489-71.0% | $3,764-65.5% | $4,248-69.4% |
| Participant deferral / active EE | $600 | $5,477-89.0% | $4,723-87.3% | $6,531-90.8% |
| Admin fee / account holder | $813 | $16,005-94.9% | $13,095-93.8% | $14,480-94.4% |