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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 | $31,710 | $96,731-67.2% | $123,973-74.4% | $86,983-63.5% |
| Participation rate | 27.9% | 70.0%-42.1pp | 76.7%-48.8pp | 69.5%-41.6pp |
| Annual return | 18.28% | 17.33%+1.0pp | 388.13%-369.8pp | 25.83%-7.6pp |
| Employer contribution / active EE | $978 | $3,297-70.3% | $4,126-76.3% | $2,584-62.2% |
| Participant deferral / active EE | $1,317 | $4,152-68.3% | $5,247-74.9% | $4,194-68.6% |
| Admin fee / account holder | $2,109 | $8,722-75.8% | $11,799-82.1% | $7,856-73.2% |