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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 | $41,647 | $114,712-63.7% | $173,730-76.0% | $87,485-52.4% |
| Participation rate | 55.8% | 73.0%-17.2pp | 79.6%-23.8pp | 68.9%-13.2pp |
| Annual return | 15.47% | 20.18%-4.7pp | 19.96%-4.5pp | 26.06%-10.6pp |
| Employer contribution / active EE | $861 | $2,904-70.4% | $4,577-81.2% | $2,596-66.9% |
| Participant deferral / active EE | $1,606 | $4,642-65.4% | $6,326-74.6% | $4,274-62.4% |
| Admin fee / account holder | $5,161 | $10,210-49.4% | $17,523-70.5% | $7,775-33.6% |