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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 | $78,027-35.2% | $178,528-71.7% | $80,925-37.5% |
| Participation rate | 23.6% | 65.7%-42.1pp | 77.1%-53.5pp | 67.7%-44.1pp |
| Annual return | 29.16% | 18.09%+11.1pp | 27.11%+2.0pp | 35.65%-6.5pp |
| Employer contribution / active EE | $544 | $2,281-76.2% | $3,950-86.2% | $2,756-80.3% |
| Participant deferral / active EE | $1,311 | $4,408-70.3% | $6,278-79.1% | $4,299-69.5% |
| Admin fee / account holder | $4,392 | $7,168-38.7% | $10,419-57.8% | $6,940-36.7% |