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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 | $39,214 | $124,980-68.6% | $108,359-63.8% | $154,746-74.7% |
| Participation rate | 33.3% | 75.2%-41.8pp | 70.1%-36.8pp | 80.7%-47.4pp |
| Annual return | 18.54% | 45.00%-26.5pp | 36.89%-18.4pp | 172.34%-153.8pp |
| Employer contribution / active EE | $982 | $2,851-65.5% | $2,399-59.1% | $4,379-77.6% |
| Participant deferral / active EE | $982 | $4,743-79.3% | $4,137-76.3% | $6,730-85.4% |
| Admin fee / account holder | $980 | $11,502-91.5% | $9,741-89.9% | $14,365-93.2% |