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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 | $50,544 | $77,164-34.5% | $178,014-71.6% | $80,874-37.5% |
| Participation rate | 23.6% | 65.7%-42.1pp | 77.1%-53.5pp | 67.6%-44.1pp |
| Annual return | 29.16% | 18.09%+11.1pp | 294.80%-265.6pp | 35.62%-6.5pp |
| Employer contribution / active EE | $544 | $2,288-76.2% | $3,950-86.2% | $2,756-80.3% |
| Participant deferral / active EE | $1,311 | $4,408-70.3% | $6,276-79.1% | $4,297-69.5% |
| Admin fee / account holder | $4,392 | $7,164-38.7% | $10,362-57.6% | $6,935-36.7% |