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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 | $40,846 | $73,988-44.8% | $96,538-57.7% | $75,177-45.7% |
| Participation rate | 48.1% | 66.4%-18.3pp | 74.3%-26.2pp | 67.2%-19.1pp |
| Annual return | 21.05% | 26.73%-5.7pp | 35.74%-14.7pp | 160.75%-139.7pp |
| Employer contribution / active EE | $1,143 | $2,930-61.0% | $3,740-69.4% | $2,671-57.2% |
| Participant deferral / active EE | $1,414 | $3,660-61.4% | $4,880-71.0% | $4,126-65.7% |
| Admin fee / account holder | $350 | $5,220-93.3% | $6,737-94.8% | $5,651-93.8% |