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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 | $22,908 | $110,337-79.2% | $102,383-77.6% | $145,877-84.3% |
| Participation rate | 28.6% | 77.9%-49.4pp | 74.5%-45.9pp | 80.3%-51.7pp |
| Annual return | 9.22% | 24.83%-15.6pp | 24.94%-15.7pp | 551.28%-542.1pp |
| Employer contribution / active EE | $1,159 | $4,216-72.5% | $3,870-70.1% | $4,663-75.2% |
| Participant deferral / active EE | $1,410 | $5,621-74.9% | $5,060-72.1% | $6,691-78.9% |
| Admin fee / account holder | $24,086 | $9,750+147.0% | $8,391+187.0% | $13,402+79.7% |