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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 | $24,017 | $93,617-74.3% | $135,982-82.3% | $75,177-68.1% |
| Participation rate | 37.0% | 75.2%-38.2pp | 81.9%-44.9pp | 67.2%-30.2pp |
| Annual return | 21.86% | 30.89%-9.0pp | 68.32%-46.5pp | 160.75%-138.9pp |
| Employer contribution / active EE | $1,054 | $3,538-70.2% | $4,859-78.3% | $2,671-60.5% |
| Participant deferral / active EE | $1,641 | $6,406-74.4% | $7,760-78.8% | $4,126-60.2% |
| Admin fee / account holder | $854 | $6,980-87.8% | $10,767-92.1% | $5,651-84.9% |