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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 | $94,436-58.6% | $115,599-66.2% | $82,637-52.7% |
| Participation rate | 44.6% | 70.4%-25.9pp | 74.3%-29.7pp | 68.1%-23.5pp |
| Annual return | 15.95% | 18.37%-2.4pp | 111.10%-95.1pp | 53.51%-37.6pp |
| Employer contribution / active EE | $869 | $2,324-62.6% | $2,955-70.6% | $2,552-65.9% |
| Participant deferral / active EE | $1,321 | $3,955-66.6% | $4,889-73.0% | $4,126-68.0% |
| Admin fee / account holder | $1,421 | $10,328-86.2% | $12,841-88.9% | $7,339-80.6% |