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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 | $24,993 | $76,551-67.4% | $123,894-79.8% | $62,881-60.3% |
| Participation rate | 34.9% | 73.0%-38.1pp | 81.4%-46.5pp | 69.3%-34.4pp |
| Annual return | 6.84% | 18.68%-11.8pp | 47.52%-40.7pp | 20.14%-13.3pp |
| Employer contribution / active EE | $555 | $2,882-80.7% | $4,617-88.0% | $2,281-75.7% |
| Participant deferral / active EE | $1,582 | $4,840-67.3% | $5,984-73.6% | $3,203-50.6% |
| Admin fee / account holder | $1,597 | $4,826-66.9% | $8,357-80.9% | $4,296-62.8% |