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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 | $40,965 | $101,653-59.7% | $147,080-72.1% | $74,459-45.0% |
| Participation rate | 36.1% | 75.6%-39.4pp | 82.2%-46.1pp | 67.2%-31.1pp |
| Annual return | 17.12% | 8754.98%-8737.9pp | 420.17%-403.0pp | 1369.70%-1352.6pp |
| Employer contribution / active EE | $1,462 | $3,813-61.7% | $4,933-70.4% | $2,626-44.3% |
| Participant deferral / active EE | $3,079 | $7,304-57.8% | $8,066-61.8% | $4,350-29.2% |
| Admin fee / account holder | $1,390 | $1,752-20.6% | $12,989-89.3% | $1,945-28.5% |