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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 | $58,268 | $95,404-38.9% | $113,397-48.6% | $82,637-29.5% |
| Participation rate | 63.0% | 72.8%-9.9pp | 76.5%-13.5pp | 68.1%-5.1pp |
| Annual return | 12.34% | 19.08%-6.7pp | 23.20%-10.9pp | 53.51%-41.2pp |
| Employer contribution / active EE | $892 | $2,307-61.3% | $2,977-70.0% | $2,552-65.0% |
| Participant deferral / active EE | $1,623 | $4,220-61.5% | $5,076-68.0% | $4,126-60.7% |
| Admin fee / account holder | $18,294 | $9,168+99.5% | $11,957+53.0% | $7,339+149.3% |