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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 | $42,233 | $58,493-27.8% | $84,023-49.7% | $72,976-42.1% |
| Participation rate | 39.5% | 61.2%-21.8pp | 69.0%-29.5pp | 69.5%-30.0pp |
| Annual return | 18.88% | 28.93%-10.1pp | 71.32%-52.4pp | 81.02%-62.1pp |
| Employer contribution / active EE | $588 | $1,163-49.5% | $1,984-70.4% | $2,440-75.9% |
| Participant deferral / active EE | $933 | $2,394-61.0% | $3,239-71.2% | $3,608-74.1% |
| Admin fee / account holder | $1,916 | $4,569-58.1% | $6,102-68.6% | $5,124-62.6% |