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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 | $43,739 | $110,137-60.3% | $161,149-72.9% | $82,637-47.1% |
| Participation rate | 25.5% | 72.4%-46.9pp | 78.8%-53.4pp | 68.1%-42.6pp |
| Annual return | 22.18% | 20.69%+1.5pp | 21.16%+1.0pp | 53.51%-31.3pp |
| Employer contribution / active EE | $2,031 | $2,856-28.9% | $4,360-53.4% | $2,552-20.4% |
| Participant deferral / active EE | $1,747 | $4,575-61.8% | $6,153-71.6% | $4,126-57.7% |
| Admin fee / account holder | $6,021 | $9,467-36.4% | $15,194-60.4% | $7,339-18.0% |