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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 | $43,692 | $101,798-57.1% | $165,071-73.5% | $80,935-46.0% |
| Participation rate | 30.6% | 71.8%-41.3pp | 78.6%-48.1pp | 67.7%-37.1pp |
| Annual return | 11.69% | 16.73%-5.0pp | 70.17%-58.5pp | 35.66%-24.0pp |
| Employer contribution / active EE | $0 | $2,954-100.0% | $4,347-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $2,983 | $4,476-33.4% | $6,035-50.6% | $4,299-30.6% |
| Admin fee / account holder | $2,640 | $8,221-67.9% | $12,695-79.2% | $6,924-61.9% |