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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 | $46,798 | $81,504-42.6% | $102,437-54.3% | $80,959-42.2% |
| Participation rate | 32.3% | 66.9%-34.6pp | 74.5%-42.3pp | 67.7%-35.4pp |
| Annual return | 11.57% | 25.60%-14.0pp | 24.95%-13.4pp | 35.67%-24.1pp |
| Employer contribution / active EE | $838 | $3,104-73.0% | $3,871-78.3% | $2,757-69.6% |
| Participant deferral / active EE | $1,421 | $3,871-63.3% | $5,060-71.9% | $4,300-67.0% |
| Admin fee / account holder | $7,519 | $6,719+11.9% | $8,388-10.4% | $6,925+8.6% |