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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 | $35,649 | $90,400-60.6% | $186,193-80.9% | $87,485-59.3% |
| Participation rate | 36.8% | 66.2%-29.3pp | 77.1%-40.3pp | 68.9%-32.1pp |
| Annual return | 16.74% | 22.15%-5.4pp | 78.03%-61.3pp | 26.06%-9.3pp |
| Employer contribution / active EE | $761 | $2,170-64.9% | $3,918-80.6% | $2,596-70.7% |
| Participant deferral / active EE | $1,119 | $4,330-74.2% | $6,513-82.8% | $4,274-73.8% |
| Admin fee / account holder | $2,645 | $8,673-69.5% | $11,058-76.1% | $7,775-66.0% |