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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 | $54,487 | $113,941-52.2% | $94,229-42.2% | $125,389-56.5% |
| Participation rate | 53.3% | 82.9%-29.6pp | 78.8%-25.4pp | 83.2%-29.9pp |
| Annual return | 0.39% | 5.29%-4.9pp | 10.68%-10.3pp | 282.24%-281.9pp |
| Employer contribution / active EE | $988 | $4,727-79.1% | $3,587-72.4% | $4,866-79.7% |
| Participant deferral / active EE | $1,120 | $5,179-78.4% | $4,320-74.1% | $5,352-79.1% |
| Admin fee / account holder | $787 | $8,392-90.6% | $6,269-87.4% | $9,541-91.7% |