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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 | $30,956 | $81,476-62.0% | $102,383-69.8% | $80,925-61.7% |
| Participation rate | 43.2% | 66.8%-23.6pp | 74.5%-31.3pp | 67.7%-24.4pp |
| Annual return | 11.80% | 25.59%-13.8pp | 24.94%-13.1pp | 35.65%-23.8pp |
| Employer contribution / active EE | $1,330 | $3,105-57.2% | $3,870-65.6% | $2,756-51.8% |
| Participant deferral / active EE | $1,553 | $3,871-59.9% | $5,060-69.3% | $4,299-63.9% |
| Admin fee / account holder | $3,999 | $6,717-40.5% | $8,391-52.3% | $6,940-42.4% |