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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 | $69,273-43.4% | $90,796-56.8% | $82,637-52.5% |
| Participation rate | 40.5% | 64.0%-23.5pp | 69.5%-28.9pp | 68.1%-27.5pp |
| Annual return | 15.08% | 18.37%-3.3pp | 19.29%-4.2pp | 53.51%-38.4pp |
| Employer contribution / active EE | $2,058 | $1,865+10.3% | $2,294-10.3% | $2,552-19.4% |
| Participant deferral / active EE | $555 | $3,047-81.8% | $3,822-85.5% | $4,126-86.5% |
| Admin fee / account holder | $8,406 | $5,511+52.5% | $7,024+19.7% | $7,339+14.5% |