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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 | $93,692-44.2% | $116,538-55.2% | $86,983-39.9% |
| Participation rate | 58.8% | 79.6%-20.8pp | 82.6%-23.8pp | 69.5%-10.7pp |
| Annual return | 15.46% | 26.00%-10.5pp | 17.97%-2.5pp | 25.83%-10.4pp |
| Employer contribution / active EE | $1,619 | $3,831-57.7% | $4,541-64.3% | $2,584-37.3% |
| Participant deferral / active EE | $1,774 | $5,612-68.4% | $6,207-71.4% | $4,194-57.7% |
| Admin fee / account holder | $4,247 | $7,586-44.0% | $8,737-51.4% | $7,856-45.9% |