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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 | $23,294 | $82,324-71.7% | $68,803-66.1% | $134,545-82.7% |
| Participation rate | 52.9% | 75.1%-22.1pp | 69.0%-16.1pp | 81.2%-28.3pp |
| Annual return | -17.71% | -2.17%-15.5pp | -6.37%-11.3pp | 418.37%-436.1pp |
| Employer contribution / active EE | $619 | $3,302-81.2% | $2,656-76.7% | $4,742-86.9% |
| Participant deferral / active EE | $831 | $4,740-82.5% | $3,942-78.9% | $6,401-87.0% |
| Admin fee / account holder | $1,198 | $6,485-81.5% | $4,936-75.7% | $11,431-89.5% |