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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 | $29,975 | $65,364-54.1% | $92,909-67.7% | $72,975-58.9% |
| Participation rate | 46.8% | 68.3%-21.5pp | 76.0%-29.2pp | 69.5%-22.7pp |
| Annual return | 18.04% | 42.11%-24.1pp | 109.44%-91.4pp | 81.01%-63.0pp |
| Employer contribution / active EE | $1,438 | $2,594-44.6% | $3,653-60.6% | $2,440-41.1% |
| Participant deferral / active EE | $0 | $3,128-100.0% | $4,238-100.0% | $3,608-100.0% |
| Admin fee / account holder | $5,714 | $4,251+34.4% | $5,795-1.4% | $5,124+11.5% |