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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 | $32,031 | $88,360-63.7% | $145,433-78.0% | $67,986-52.9% |
| Participation rate | 27.9% | 65.5%-37.6pp | 82.1%-54.2pp | 57.2%-29.3pp |
| Annual return | 19.04% | 63.15%-44.1pp | 66.58%-47.5pp | 31.67%-12.6pp |
| Employer contribution / active EE | $888 | $3,054-70.9% | $4,554-80.5% | $2,019-56.0% |
| Participant deferral / active EE | $1,492 | $5,932-74.8% | $7,897-81.1% | $3,358-55.6% |
| Admin fee / account holder | $634 | $3,313-80.8% | $13,129-95.2% | $3,203-80.2% |