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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 | $48,303 | $79,045-38.9% | $100,378-51.9% | $74,429-35.1% |
| Participation rate | 46.2% | 79.4%-33.3pp | 81.5%-35.4pp | 67.2%-21.1pp |
| Annual return | 14.70% | 20.61%-5.9pp | 49.41%-34.7pp | 1368.38%-1353.7pp |
| Employer contribution / active EE | $1,324 | $3,015-56.1% | $3,942-66.4% | $2,625-49.6% |
| Participant deferral / active EE | $2,523 | $7,751-67.5% | $8,087-68.8% | $4,348-42.0% |
| Admin fee / account holder | $1,325 | $1,335-0.7% | $7,899-83.2% | $1,944-31.8% |