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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 | $29,639 | $106,247-72.1% | $96,515-69.3% | $139,466-78.7% |
| Participation rate | 45.8% | 77.8%-32.0pp | 74.3%-28.5pp | 80.3%-34.5pp |
| Annual return | 25.70% | 38.47%-12.8pp | 35.73%-10.0pp | 373.66%-348.0pp |
| Employer contribution / active EE | $1,071 | $4,106-73.9% | $3,740-71.4% | $4,754-77.5% |
| Participant deferral / active EE | $1,341 | $5,456-75.4% | $4,880-72.5% | $6,712-80.0% |
| Admin fee / account holder | $1,086 | $7,885-86.2% | $6,735-83.9% | $11,409-90.5% |