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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 | $61,360 | $85,515-28.2% | $112,040-45.2% | $67,986-9.7% |
| Participation rate | 54.8% | 68.2%-13.5pp | 76.5%-21.7pp | 57.2%-2.4pp |
| Annual return | 17.07% | 29.68%-12.6pp | 24.52%-7.5pp | 31.67%-14.6pp |
| Employer contribution / active EE | $3,436 | $2,191+56.8% | $2,954+16.3% | $2,019+70.2% |
| Participant deferral / active EE | $768 | $4,014-80.9% | $5,098-84.9% | $3,358-77.1% |
| Admin fee / account holder | $5,288 | $3,774+40.1% | $12,098-56.3% | $3,203+65.1% |