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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 | $49,857 | $86,949-42.7% | $102,460-51.3% | $80,959-38.4% |
| Participation rate | 41.2% | 72.4%-31.2pp | 76.5%-35.3pp | 67.7%-26.5pp |
| Annual return | 13.92% | 18.89%-5.0pp | 29.47%-15.6pp | 35.67%-21.7pp |
| Employer contribution / active EE | $823 | $2,370-65.3% | $3,025-72.8% | $2,757-70.1% |
| Participant deferral / active EE | $1,268 | $4,121-69.2% | $5,056-74.9% | $4,300-70.5% |
| Admin fee / account holder | $585 | $8,048-92.7% | $9,460-93.8% | $6,925-91.6% |