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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 | $46,508 | $67,602-31.2% | $82,312-43.5% | $70,126-33.7% |
| Participation rate | 63.8% | 72.8%-9.0pp | 76.9%-13.1pp | 69.5%-5.7pp |
| Annual return | 16.28% | 21.57%-5.3pp | 25.88%-9.6pp | 73.15%-56.9pp |
| Employer contribution / active EE | $0 | $1,755-100.0% | $2,428-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $1,000 | $2,987-66.5% | $3,706-73.0% | $3,332-70.0% |
| Admin fee / account holder | $7,769 | $4,512+72.2% | $5,608+38.5% | $4,645+67.2% |