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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 | $39,227 | $72,607-46.0% | $90,259-56.5% | $87,485-55.2% |
| Participation rate | 40.5% | 64.8%-24.3pp | 70.7%-30.2pp | 68.9%-28.4pp |
| Annual return | 15.08% | 18.59%-3.5pp | 18.88%-3.8pp | 26.06%-11.0pp |
| Employer contribution / active EE | $2,058 | $1,919+7.2% | $2,291-10.2% | $2,596-20.7% |
| Participant deferral / active EE | $555 | $3,055-81.8% | $3,827-85.5% | $4,274-87.0% |
| Admin fee / account holder | $8,406 | $5,947+41.4% | $7,267+15.7% | $7,775+8.1% |