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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 | $47,128 | $76,551-38.4% | $123,894-62.0% | $62,881-25.1% |
| Participation rate | 24.0% | 73.0%-49.0pp | 81.4%-57.4pp | 69.3%-45.3pp |
| Annual return | 7.23% | 18.68%-11.4pp | 47.52%-40.3pp | 20.14%-12.9pp |
| Employer contribution / active EE | $955 | $2,882-66.9% | $4,617-79.3% | $2,281-58.1% |
| Participant deferral / active EE | $1,904 | $4,840-60.7% | $5,984-68.2% | $3,203-40.6% |
| Admin fee / account holder | $2,819 | $4,826-41.6% | $8,357-66.3% | $4,296-34.4% |