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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 | $77,304 | $91,198-15.2% | $178,503-56.7% | $79,856-3.2% |
| Participation rate | 40.7% | 69.2%-28.5pp | 81.9%-41.2pp | 69.6%-28.9pp |
| Annual return | 22.57% | 24.20%-1.6pp | 151.12%-128.5pp | 31.71%-9.1pp |
| Employer contribution / active EE | $1,125 | $3,257-65.4% | $5,011-77.5% | $2,471-54.5% |
| Participant deferral / active EE | $389 | $3,237-88.0% | $5,202-92.5% | $3,741-89.6% |
| Admin fee / account holder | $524 | $6,748-92.2% | $13,987-96.3% | $5,306-90.1% |