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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 | $70,531 | $58,848+19.9% | $88,179-20.0% | $82,637-14.7% |
| Participation rate | 24.1% | 57.9%-33.8pp | 69.1%-45.0pp | 68.1%-43.9pp |
| Annual return | 15.13% | 22.76%-7.6pp | 64.97%-49.8pp | 53.51%-38.4pp |
| Employer contribution / active EE | $606 | $1,678-63.9% | $2,549-76.2% | $2,552-76.2% |
| Participant deferral / active EE | $739 | $3,124-76.4% | $4,614-84.0% | $4,126-82.1% |
| Admin fee / account holder | $8,824 | $4,795+84.0% | $7,673+15.0% | $7,339+20.2% |