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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 | $25,732 | $78,670-67.3% | $109,173-76.4% | $85,847-70.0% |
| Participation rate | 38.8% | 68.3%-29.5pp | 75.9%-37.1pp | 69.3%-30.5pp |
| Annual return | 11.70% | 25.09%-13.4pp | 25.75%-14.1pp | 318.61%-306.9pp |
| Employer contribution / active EE | $843 | $2,734-69.1% | $3,723-77.3% | $2,565-67.1% |
| Participant deferral / active EE | $1,000 | $3,467-71.2% | $4,654-78.5% | $3,952-74.7% |
| Admin fee / account holder | $1,673 | $5,469-69.4% | $6,755-75.2% | $6,261-73.3% |