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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 | $29,593 | $79,955-63.0% | $98,450-69.9% | $75,181-60.6% |
| Participation rate | 49.4% | 70.4%-21.0pp | 75.2%-25.8pp | 67.2%-17.8pp |
| Annual return | 17.80% | 19.75%-1.9pp | 21.16%-3.4pp | 160.69%-142.9pp |
| Employer contribution / active EE | $895 | $2,264-60.5% | $3,049-70.6% | $2,671-66.5% |
| Participant deferral / active EE | $1,369 | $3,752-63.5% | $4,739-71.1% | $4,126-66.8% |
| Admin fee / account holder | $3,246 | $6,841-52.6% | $8,961-63.8% | $5,650-42.6% |