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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 | $37,722 | $91,559-58.8% | $133,971-71.8% | $79,852-52.8% |
| Participation rate | 30.6% | 73.3%-42.7pp | 79.8%-49.2pp | 69.6%-39.0pp |
| Annual return | 13.33% | 61.85%-48.5pp | 45.09%-31.8pp | 31.72%-18.4pp |
| Employer contribution / active EE | $597 | $2,384-74.9% | $3,919-84.8% | $2,471-75.8% |
| Participant deferral / active EE | $1,662 | $3,734-55.5% | $5,047-67.1% | $3,740-55.6% |
| Admin fee / account holder | $1,967 | $6,321-68.9% | $8,929-78.0% | $5,306-62.9% |