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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 | $108,825-61.7% | $156,181-73.3% | $82,448-49.5% |
| Participation rate | 55.8% | 72.4%-16.6pp | 78.8%-23.1pp | 68.1%-12.3pp |
| Annual return | 15.47% | 20.59%-5.1pp | 64.87%-49.4pp | 41.64%-26.2pp |
| Employer contribution / active EE | $861 | $2,870-70.0% | $4,294-80.0% | $2,551-66.3% |
| Participant deferral / active EE | $1,606 | $4,577-64.9% | $6,132-73.8% | $4,139-61.2% |
| Admin fee / account holder | $5,161 | $9,341-44.7% | $14,586-64.6% | $7,234-28.7% |