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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 | $33,718 | $95,453-64.7% | $112,040-69.9% | $82,448-59.1% |
| Participation rate | 20.4% | 72.8%-52.3pp | 76.5%-56.1pp | 68.1%-47.7pp |
| Annual return | 15.00% | 23.92%-8.9pp | 24.52%-9.5pp | 41.64%-26.6pp |
| Employer contribution / active EE | $753 | $2,318-67.5% | $2,954-74.5% | $2,551-70.5% |
| Participant deferral / active EE | $1,532 | $4,224-63.7% | $5,098-70.0% | $4,139-63.0% |
| Admin fee / account holder | $911 | $9,013-89.9% | $12,098-92.5% | $7,234-87.4% |