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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 | $39,850 | $71,208-44.0% | $93,681-57.5% | $80,911-50.7% |
| Participation rate | 41.4% | 60.4%-19.0pp | 68.7%-27.3pp | 67.6%-26.3pp |
| Annual return | 10.67% | 11.27%-0.6pp | 133.47%-122.8pp | 35.63%-25.0pp |
| Employer contribution / active EE | $872 | $1,564-44.3% | $2,422-64.0% | $2,756-68.4% |
| Participant deferral / active EE | $987 | $4,035-75.5% | $4,415-77.6% | $4,297-77.0% |
| Admin fee / account holder | $6,579 | $6,951-5.3% | $8,290-20.6% | $6,935-5.1% |