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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 | $42,064 | $79,184-46.9% | $102,438-58.9% | $74,546-43.6% |
| Participation rate | 38.3% | 74.8%-36.5pp | 76.5%-38.2pp | 67.2%-28.9pp |
| Annual return | 13.29% | 54.95%-41.7pp | 29.37%-16.1pp | 1366.03%-1352.7pp |
| Employer contribution / active EE | $928 | $2,362-60.7% | $3,024-69.3% | $2,624-64.7% |
| Participant deferral / active EE | $1,407 | $4,414-68.1% | $5,054-72.2% | $4,347-67.6% |
| Admin fee / account holder | $4,600 | $2,001+129.9% | $9,448-51.3% | $1,944+136.7% |