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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 | $58,208 | $73,978-21.3% | $96,515-39.7% | $75,173-22.6% |
| Participation rate | 42.9% | 66.4%-23.6pp | 74.3%-31.5pp | 67.2%-24.3pp |
| Annual return | 17.23% | 26.72%-9.5pp | 35.73%-18.5pp | 160.72%-143.5pp |
| Employer contribution / active EE | $1,402 | $2,931-52.2% | $3,740-62.5% | $2,671-47.5% |
| Participant deferral / active EE | $1,409 | $3,660-61.5% | $4,880-71.1% | $4,126-65.9% |
| Admin fee / account holder | $944 | $5,219-81.9% | $6,735-86.0% | $5,651-83.3% |