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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 | $39,948 | $181,896-78.0% | $156,551-74.5% | $273,972-85.4% |
| Participation rate | 57.9% | 88.4%-30.5pp | 84.0%-26.1pp | 83.0%-25.1pp |
| Annual return | 6.25% | 30.74%-24.5pp | 32.23%-26.0pp | 41.46%-35.2pp |
| Employer contribution / active EE | $1,491 | $6,248-76.1% | $5,501-72.9% | $4,869-69.4% |
| Participant deferral / active EE | $1,457 | $5,550-73.8% | $4,871-70.1% | $5,287-72.4% |
| Admin fee / account holder | $2,719 | $15,560-82.5% | $13,028-79.1% | $10,133-73.2% |