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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 | $56,042 | $103,392-45.8% | $87,104-35.7% | $152,897-63.3% |
| Participation rate | 44.4% | 79.4%-34.9pp | 76.9%-32.4pp | 82.5%-38.0pp |
| Annual return | 18.35% | 28.10%-9.7pp | 28.19%-9.8pp | 345.43%-327.1pp |
| Employer contribution / active EE | $703 | $3,221-78.2% | $2,521-72.1% | $4,764-85.3% |
| Participant deferral / active EE | $703 | $4,778-85.3% | $4,048-82.6% | $5,851-88.0% |
| Admin fee / account holder | $625 | $12,194-94.9% | $7,491-91.7% | $11,599-94.6% |