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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 | $40,549 | $87,132-53.5% | $105,624-61.6% | $80,959-49.9% |
| Participation rate | 26.0% | 70.4%-44.5pp | 75.3%-49.3pp | 67.7%-41.7pp |
| Annual return | 13.38% | 17.03%-3.6pp | 116.20%-102.8pp | 35.67%-22.3pp |
| Employer contribution / active EE | $906 | $2,397-62.2% | $3,168-71.4% | $2,757-67.1% |
| Participant deferral / active EE | $1,136 | $3,985-71.5% | $5,013-77.3% | $4,300-73.6% |
| Admin fee / account holder | $3,980 | $8,449-52.9% | $10,961-63.7% | $6,925-42.5% |