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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 | $105,951 | $124,980-15.2% | $108,359-2.2% | $154,746-31.5% |
| Participation rate | 28.6% | 75.2%-46.6pp | 70.1%-41.6pp | 80.7%-52.1pp |
| Annual return | 14.80% | 45.00%-30.2pp | 36.89%-22.1pp | 172.34%-157.5pp |
| Employer contribution / active EE | $529 | $2,851-81.5% | $2,399-78.0% | $4,379-87.9% |
| Participant deferral / active EE | $1,168 | $4,743-75.4% | $4,137-71.8% | $6,730-82.7% |
| Admin fee / account holder | $6,067 | $11,502-47.3% | $9,741-37.7% | $14,365-57.8% |