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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 | $115,931-62.3% | $185,441-76.4% | $86,983-49.7% |
| Participation rate | 25.5% | 73.6%-48.2pp | 80.3%-54.8pp | 69.5%-44.1pp |
| Annual return | 22.18% | 21.47%+0.7pp | 20.16%+2.0pp | 25.83%-3.7pp |
| Employer contribution / active EE | $2,031 | $2,937-30.8% | $4,672-56.5% | $2,584-21.4% |
| Participant deferral / active EE | $1,747 | $4,551-61.6% | $6,152-71.6% | $4,194-58.3% |
| Admin fee / account holder | $6,021 | $10,687-43.7% | $17,890-66.3% | $7,856-23.4% |