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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 | $60,175 | $69,137-13.0% | $182,153-67.0% | $94,015-36.0% |
| Participation rate | 21.7% | 59.6%-37.9pp | 65.7%-44.0pp | 70.8%-49.1pp |
| Annual return | 15.14% | 21.34%-6.2pp | 35.04%-19.9pp | 17.84%-2.7pp |
| Employer contribution / active EE | $0 | $2,152-100.0% | $2,593-100.0% | $2,790-100.0% |
| Participant deferral / active EE | $1,014 | $2,665-62.0% | $3,776-73.2% | $4,249-76.1% |
| Admin fee / account holder | $13,124 | $11,615+13.0% | $9,477+38.5% | $8,951+46.6% |