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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 | $47,253 | $96,289-50.9% | $213,469-77.9% | $87,485-46.0% |
| Participation rate | 33.0% | 69.6%-36.6pp | 77.1%-44.2pp | 68.9%-36.0pp |
| Annual return | 15.35% | 17.78%-2.4pp | 20.58%-5.2pp | 26.06%-10.7pp |
| Employer contribution / active EE | $997 | $3,035-67.1% | $4,994-80.0% | $2,596-61.6% |
| Participant deferral / active EE | $1,640 | $4,750-65.5% | $6,841-76.0% | $4,274-61.6% |
| Admin fee / account holder | $4,023 | $9,670-58.4% | $27,141-85.2% | $7,775-48.3% |