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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 | $62,550 | $79,089-20.9% | $100,392-37.7% | $74,459-16.0% |
| Participation rate | 26.0% | 79.4%-53.4pp | 81.5%-55.5pp | 67.2%-41.2pp |
| Annual return | 15.57% | 20.61%-5.0pp | 49.45%-33.9pp | 1369.70%-1354.1pp |
| Employer contribution / active EE | $833 | $3,015-72.4% | $3,941-78.9% | $2,626-68.3% |
| Participant deferral / active EE | $1,696 | $7,747-78.1% | $8,090-79.0% | $4,350-61.0% |
| Admin fee / account holder | $1,974 | $1,336+47.7% | $7,904-75.0% | $1,945+1.5% |