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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 | $52,150 | $87,132-40.1% | $105,624-50.6% | $80,959-35.6% |
| Participation rate | 46.6% | 70.4%-23.9pp | 75.3%-28.7pp | 67.7%-21.1pp |
| Annual return | 10.80% | 17.03%-6.2pp | 116.20%-105.4pp | 35.67%-24.9pp |
| Employer contribution / active EE | $855 | $2,397-64.3% | $3,168-73.0% | $2,757-69.0% |
| Participant deferral / active EE | $1,629 | $3,985-59.1% | $5,013-67.5% | $4,300-62.1% |
| Admin fee / account holder | $5,754 | $8,449-31.9% | $10,961-47.5% | $6,925-16.9% |