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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 | $51,969 | $72,177-28.0% | $115,038-54.8% | $59,633-12.9% |
| Participation rate | 22.1% | 72.6%-50.5pp | 81.4%-59.3pp | 68.7%-46.6pp |
| Annual return | -0.83% | 12.02%-12.9pp | 26.14%-27.0pp | 2041.45%-2042.3pp |
| Employer contribution / active EE | $506 | $2,841-82.2% | $4,608-89.0% | $2,203-77.0% |
| Participant deferral / active EE | $1,552 | $4,783-67.6% | $6,026-74.3% | $3,192-51.4% |
| Admin fee / account holder | $505 | $4,927-89.7% | $8,175-93.8% | $4,297-88.2% |