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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 | $28,870 | $116,203-75.2% | $93,621-69.2% | $152,897-81.1% |
| Participation rate | 61.5% | 78.1%-16.5pp | 75.8%-14.3pp | 82.5%-20.9pp |
| Annual return | 19.39% | 35.96%-16.6pp | 32.76%-13.4pp | 345.43%-326.0pp |
| Employer contribution / active EE | $745 | $3,219-76.9% | $2,719-72.6% | $4,764-84.4% |
| Participant deferral / active EE | $939 | $4,605-79.6% | $4,070-76.9% | $5,851-84.0% |
| Admin fee / account holder | $8,094 | $10,751-24.7% | $7,890+2.6% | $11,599-30.2% |