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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 | $49,494 | $95,453-48.1% | $112,040-55.8% | $82,448-40.0% |
| Participation rate | 43.8% | 72.8%-29.0pp | 76.5%-32.7pp | 68.1%-24.3pp |
| Annual return | 14.62% | 23.92%-9.3pp | 24.52%-9.9pp | 41.64%-27.0pp |
| Employer contribution / active EE | $805 | $2,318-65.3% | $2,954-72.7% | $2,551-68.4% |
| Participant deferral / active EE | $1,879 | $4,224-55.5% | $5,098-63.1% | $4,139-54.6% |
| Admin fee / account holder | $4,890 | $9,013-45.8% | $12,098-59.6% | $7,234-32.4% |