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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 | $48,809 | $107,368-54.5% | $92,915-47.5% | $152,909-68.1% |
| Participation rate | 39.1% | 79.8%-40.7pp | 76.0%-36.9pp | 82.5%-43.3pp |
| Annual return | 19.35% | 145.64%-126.3pp | 109.45%-90.1pp | 345.46%-326.1pp |
| Employer contribution / active EE | $965 | $4,222-77.2% | $3,653-73.6% | $4,764-79.7% |
| Participant deferral / active EE | $1,052 | $4,848-78.3% | $4,238-75.2% | $5,851-82.0% |
| Admin fee / account holder | $1,327 | $7,082-81.3% | $5,796-77.1% | $11,601-88.6% |