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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 | $46,837 | $80,748-42.0% | $102,383-54.3% | $74,429-37.1% |
| Participation rate | 39.1% | 65.7%-26.5pp | 74.5%-35.4pp | 67.2%-28.1pp |
| Annual return | 11.99% | 27.57%-15.6pp | 24.94%-12.9pp | 1368.38%-1356.4pp |
| Employer contribution / active EE | $1,087 | $3,159-65.6% | $3,870-71.9% | $2,625-58.6% |
| Participant deferral / active EE | $1,590 | $3,861-58.8% | $5,060-68.6% | $4,348-63.4% |
| Admin fee / account holder | $5,149 | $2,371+117.2% | $8,391-38.6% | $1,944+164.8% |