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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 | $20,421 | $81,331-74.9% | $155,534-86.9% | $80,935-74.8% |
| Participation rate | 48.8% | 66.3%-17.5pp | 78.2%-29.4pp | 67.7%-18.9pp |
| Annual return | 16.54% | 33.37%-16.8pp | 64.92%-48.4pp | 35.66%-19.1pp |
| Employer contribution / active EE | $1,781 | $3,105-42.6% | $4,675-61.9% | $2,757-35.4% |
| Participant deferral / active EE | $895 | $3,454-74.1% | $5,630-84.1% | $4,299-79.2% |
| Admin fee / account holder | $915 | $7,999-88.6% | $15,900-94.2% | $6,924-86.8% |