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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 | $56,983 | $80,983-29.6% | $96,544-41.0% | $75,177-24.2% |
| Participation rate | 36.0% | 71.8%-35.8pp | 76.0%-40.0pp | 67.2%-31.2pp |
| Annual return | 18.84% | 27.05%-8.2pp | 25.88%-7.0pp | 160.75%-141.9pp |
| Employer contribution / active EE | $872 | $2,282-61.8% | $2,966-70.6% | $2,671-67.4% |
| Participant deferral / active EE | $1,248 | $3,929-68.2% | $4,851-74.3% | $4,126-69.7% |
| Admin fee / account holder | $2,563 | $6,717-61.8% | $8,254-68.9% | $5,651-54.6% |