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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 | $48,596 | $64,359-24.5% | $90,161-46.1% | $70,126-30.7% |
| Participation rate | 45.8% | 70.4%-24.6pp | 76.9%-31.0pp | 69.5%-23.7pp |
| Annual return | 24.80% | 28.13%-3.3pp | 34.89%-10.1pp | 73.15%-48.3pp |
| Employer contribution / active EE | $0 | $2,046-100.0% | $3,318-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $1,538 | $4,389-65.0% | $5,287-70.9% | $3,332-53.8% |
| Admin fee / account holder | $1,553 | $3,945-60.6% | $5,943-73.9% | $4,645-66.6% |