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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer 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 | $23,661 | $58,493-59.5% | $84,023-71.8% | $72,976-67.6% |
| Participation rate | 47.7% | 61.2%-13.5pp | 69.0%-21.3pp | 69.5%-21.8pp |
| Annual return | 17.75% | 28.93%-11.2pp | 71.32%-53.6pp | 81.02%-63.3pp |
| Employer contribution / active EE | $1 | $1,163-99.9% | $1,984-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $1,742 | $2,394-27.2% | $3,239-46.2% | $3,608-51.7% |
| Admin fee / account holder | $1,106 | $4,569-75.8% | $6,102-81.9% | $5,124-78.4% |