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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 | $43,256 | $81,358-46.8% | $155,556-72.2% | $80,959-46.6% |
| Participation rate | 37.5% | 66.3%-28.8pp | 78.2%-40.7pp | 67.7%-30.2pp |
| Annual return | 11.79% | 33.39%-21.6pp | 64.84%-53.0pp | 35.67%-23.9pp |
| Employer contribution / active EE | $1,062 | $3,106-65.8% | $4,675-77.3% | $2,757-61.5% |
| Participant deferral / active EE | $6 | $3,455-99.8% | $5,631-99.9% | $4,300-99.9% |
| Admin fee / account holder | $1,244 | $7,994-84.4% | $15,885-92.2% | $6,925-82.0% |