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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 | $51,272 | $56,287-8.9% | $80,977-36.7% | $62,881-18.5% |
| Participation rate | 41.8% | 68.9%-27.1pp | 75.8%-34.0pp | 69.3%-27.5pp |
| Annual return | 8.65% | 22.13%-13.5pp | 17.11%-8.5pp | 20.14%-11.5pp |
| Employer contribution / active EE | $1 | $1,943-100.0% | $3,715-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $2,970 | $4,196-29.2% | $5,696-47.9% | $3,203-7.3% |
| Admin fee / account holder | $2,636 | $3,742-29.6% | $5,517-52.2% | $4,296-38.6% |