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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 | $45,106 | $201,344-77.6% | $184,243-75.5% | $145,877-69.1% |
| Participation rate | 28.6% | 87.5%-58.9pp | 86.8%-58.3pp | 80.3%-51.7pp |
| Annual return | 10.77% | 29.01%-18.2pp | 28.82%-18.0pp | 551.28%-540.5pp |
| Employer contribution / active EE | $2,300 | $7,022-67.3% | $6,427-64.2% | $4,663-50.7% |
| Participant deferral / active EE | $2,697 | $9,807-72.5% | $9,132-70.5% | $6,691-59.7% |
| Admin fee / account holder | $12,176 | $16,382-25.7% | $13,914-12.5% | $13,402-9.2% |