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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 | $50,804 | $76,551-33.6% | $123,894-59.0% | $62,881-19.2% |
| Participation rate | 16.1% | 73.0%-56.9pp | 81.4%-65.3pp | 69.3%-53.2pp |
| Annual return | 6.80% | 18.68%-11.9pp | 47.52%-40.7pp | 20.14%-13.3pp |
| Employer contribution / active EE | $655 | $2,882-77.3% | $4,617-85.8% | $2,281-71.3% |
| Participant deferral / active EE | $303 | $4,840-93.7% | $5,984-94.9% | $3,203-90.5% |
| Admin fee / account holder | $3,459 | $4,826-28.3% | $8,357-58.6% | $4,296-19.5% |