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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 | $39,451 | $77,574-49.1% | $108,753-63.7% | $86,983-54.6% |
| Participation rate | 38.1% | 62.3%-24.2pp | 71.1%-33.0pp | 69.5%-31.4pp |
| Annual return | 14.65% | 18.42%-3.8pp | 37.47%-22.8pp | 25.83%-11.2pp |
| Employer contribution / active EE | $316 | $1,611-80.4% | $2,427-87.0% | $2,584-87.8% |
| Participant deferral / active EE | $1,250 | $3,128-60.0% | $4,115-69.6% | $4,194-70.2% |
| Admin fee / account holder | $6,440 | $6,529-1.4% | $10,320-37.6% | $7,856-18.0% |