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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 | $33,954 | $93,598-63.7% | $135,974-75.0% | $75,173-54.8% |
| Participation rate | 50.0% | 75.2%-25.2pp | 81.9%-31.9pp | 67.2%-17.2pp |
| Annual return | 18.12% | 30.89%-12.8pp | 68.30%-50.2pp | 160.72%-142.6pp |
| Employer contribution / active EE | $989 | $3,538-72.0% | $4,859-79.6% | $2,671-63.0% |
| Participant deferral / active EE | $1,294 | $6,405-79.8% | $7,760-83.3% | $4,126-68.6% |
| Admin fee / account holder | $8,942 | $6,978+28.1% | $10,767-16.9% | $5,651+58.2% |