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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 | $16,290 | $115,225-85.9% | $100,712-83.8% | $138,895-88.3% |
| Participation rate | 66.7% | 74.3%-7.7pp | 69.3%-2.6pp | 79.9%-13.3pp |
| Annual return | 13.76% | 40.35%-26.6pp | 33.27%-19.5pp | 145.39%-131.6pp |
| Employer contribution / active EE | $873 | $2,771-68.5% | $2,313-62.2% | $4,194-79.2% |
| Participant deferral / active EE | $1,178 | $4,699-74.9% | $4,085-71.2% | $6,396-81.6% |
| Admin fee / account holder | $1,855 | $10,844-82.9% | $9,256-80.0% | $12,562-85.2% |