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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 | $45,630 | $85,766-46.8% | $136,297-66.5% | $70,124-34.9% |
| Participation rate | 38.6% | 74.2%-35.5pp | 81.9%-43.3pp | 69.5%-30.9pp |
| Annual return | 17.67% | 31.45%-13.8pp | 5156.19%-5138.5pp | 73.14%-55.5pp |
| Employer contribution / active EE | $522 | $2,966-82.4% | $4,696-88.9% | $2,342-77.7% |
| Participant deferral / active EE | $1,963 | $5,051-61.1% | $6,247-68.6% | $3,332-41.1% |
| Admin fee / account holder | $649 | $5,420-88.0% | $9,244-93.0% | $4,645-86.0% |