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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 | $42,685 | $73,988-42.3% | $96,538-55.8% | $75,177-43.2% |
| Participation rate | 34.4% | 66.4%-32.1pp | 74.3%-40.0pp | 67.2%-32.8pp |
| Annual return | 13.86% | 26.73%-12.9pp | 35.74%-21.9pp | 160.75%-146.9pp |
| Employer contribution / active EE | $1,108 | $2,930-62.2% | $3,740-70.4% | $2,671-58.5% |
| Participant deferral / active EE | $1,459 | $3,660-60.1% | $4,880-70.1% | $4,126-64.6% |
| Admin fee / account holder | $9,710 | $5,220+86.0% | $6,737+44.1% | $5,651+71.8% |