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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 | $47,512 | $79,223-40.0% | $102,460-53.6% | $74,478-36.2% |
| Participation rate | 45.5% | 74.8%-29.2pp | 76.5%-31.0pp | 67.2%-21.7pp |
| Annual return | 15.80% | 54.98%-39.2pp | 29.47%-13.7pp | 1370.56%-1354.8pp |
| Employer contribution / active EE | $1,039 | $2,363-56.0% | $3,025-65.6% | $2,626-60.4% |
| Participant deferral / active EE | $1,925 | $4,417-56.4% | $5,056-61.9% | $4,350-55.8% |
| Admin fee / account holder | $1,762 | $2,003-12.0% | $9,460-81.4% | $1,946-9.4% |