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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 | $44,221 | $106,524-58.5% | $152,301-71.0% | $87,485-49.5% |
| Participation rate | 27.8% | 75.8%-48.0pp | 82.4%-54.7pp | 68.9%-41.2pp |
| Annual return | 19.82% | 26.89%-7.1pp | 80.50%-60.7pp | 26.06%-6.2pp |
| Employer contribution / active EE | $851 | $3,371-74.7% | $4,624-81.6% | $2,596-67.2% |
| Participant deferral / active EE | $1,314 | $6,525-79.9% | $8,004-83.6% | $4,274-69.3% |
| Admin fee / account holder | $1,439 | $8,287-82.6% | $14,398-90.0% | $7,775-81.5% |