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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 | $61,887 | $97,550-36.6% | $120,344-48.6% | $87,485-29.3% |
| Participation rate | 32.1% | 72.8%-40.7pp | 76.7%-44.6pp | 68.9%-36.9pp |
| Annual return | 13.21% | 18.41%-5.2pp | 20.30%-7.1pp | 26.06%-12.9pp |
| Employer contribution / active EE | $739 | $2,291-67.7% | $3,020-75.5% | $2,596-71.5% |
| Participant deferral / active EE | $1,311 | $4,230-69.0% | $5,135-74.5% | $4,274-69.3% |
| Admin fee / account holder | $5,491 | $9,543-42.5% | $12,742-56.9% | $7,775-29.4% |