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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 | $81,334-24.6% | $113,397-45.9% | $64,097-4.3% |
| Participation rate | 54.8% | 65.6%-10.9pp | 76.5%-21.7pp | 55.2%-0.4pp |
| Annual return | 17.07% | 32.50%-15.4pp | 23.20%-6.1pp | 34.64%-17.6pp |
| Employer contribution / active EE | $3,436 | $2,077+65.5% | $2,977+15.4% | $1,891+81.7% |
| Participant deferral / active EE | $768 | $3,795-79.8% | $5,076-84.9% | $3,080-75.1% |
| Admin fee / account holder | $5,288 | $4,208+25.7% | $11,957-55.8% | $3,454+53.1% |