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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 | $52,255 | $96,052-45.6% | $118,106-55.8% | $87,485-40.3% |
| Participation rate | 58.8% | 77.0%-18.2pp | 81.9%-23.1pp | 68.9%-10.1pp |
| Annual return | 15.46% | 24.16%-8.7pp | 19.44%-4.0pp | 26.06%-10.6pp |
| Employer contribution / active EE | $1,619 | $3,939-58.9% | $4,698-65.5% | $2,596-37.6% |
| Participant deferral / active EE | $1,774 | $5,793-69.4% | $6,619-73.2% | $4,274-58.5% |
| Admin fee / account holder | $4,247 | $7,618-44.3% | $8,973-52.7% | $7,775-45.4% |