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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 | $79,405 | $110,307-28.0% | $96,576-17.8% | $139,456-43.1% |
| Participation rate | 34.8% | 78.1%-43.3pp | 76.0%-41.2pp | 80.3%-45.5pp |
| Annual return | 19.41% | 26.40%-7.0pp | 25.87%-6.5pp | 373.45%-354.0pp |
| Employer contribution / active EE | $1,217 | $3,619-66.4% | $2,965-59.0% | $4,753-74.4% |
| Participant deferral / active EE | $1,539 | $5,547-72.3% | $4,851-68.3% | $6,711-77.1% |
| Admin fee / account holder | $3,882 | $11,597-66.5% | $8,253-53.0% | $11,407-66.0% |