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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 | $21,303 | $88,707-76.0% | $74,184-71.3% | $273,972-92.2% |
| Participation rate | 50.0% | 79.4%-29.4pp | 76.6%-26.6pp | 83.0%-33.0pp |
| Annual return | 2.89% | 11.94%-9.0pp | 17.74%-14.8pp | 41.46%-38.6pp |
| Employer contribution / active EE | $803 | $3,159-74.6% | $2,370-66.1% | $4,869-83.5% |
| Participant deferral / active EE | $387 | $4,212-90.8% | $3,550-89.1% | $5,287-92.7% |
| Admin fee / account holder | $5,445 | $8,717-37.5% | $5,586-2.5% | $10,133-46.3% |