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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 | $31,242 | $78,015-60.0% | $178,505-82.5% | $80,959-61.4% |
| Participation rate | 31.1% | 65.7%-34.6pp | 77.1%-46.0pp | 67.7%-36.6pp |
| Annual return | 13.34% | 18.10%-4.8pp | 27.16%-13.8pp | 35.67%-22.3pp |
| Employer contribution / active EE | $616 | $2,281-73.0% | $3,955-84.4% | $2,757-77.6% |
| Participant deferral / active EE | $917 | $4,406-79.2% | $6,280-85.4% | $4,300-78.7% |
| Admin fee / account holder | $3,036 | $7,160-57.6% | $10,428-70.9% | $6,925-56.2% |