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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 | $39,121 | $94,031-58.4% | $115,768-66.2% | $82,448-52.6% |
| Participation rate | 44.6% | 70.4%-25.9pp | 74.4%-29.8pp | 68.1%-23.5pp |
| Annual return | 15.95% | 20.61%-4.7pp | 100.46%-84.5pp | 41.64%-25.7pp |
| Employer contribution / active EE | $869 | $2,323-62.6% | $2,940-70.4% | $2,551-65.9% |
| Participant deferral / active EE | $1,321 | $3,972-66.7% | $4,917-73.1% | $4,139-68.1% |
| Admin fee / account holder | $1,421 | $10,249-86.1% | $12,439-88.6% | $7,234-80.4% |