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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 | $45,460 | $181,896-75.0% | $156,551-71.0% | $273,972-83.4% |
| Participation rate | 60.0% | 88.4%-28.4pp | 84.0%-24.0pp | 83.0%-23.0pp |
| Annual return | 6.21% | 30.74%-24.5pp | 32.23%-26.0pp | 41.46%-35.2pp |
| Employer contribution / active EE | $1,537 | $6,248-75.4% | $5,501-72.1% | $4,869-68.4% |
| Participant deferral / active EE | $1,307 | $5,550-76.5% | $4,871-73.2% | $5,287-75.3% |
| Admin fee / account holder | $1,637 | $15,560-89.5% | $13,028-87.4% | $10,133-83.8% |