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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 | $23,677 | $64,359-63.2% | $90,161-73.7% | $70,126-66.2% |
| Participation rate | 34.2% | 70.4%-36.2pp | 76.9%-42.7pp | 69.5%-35.3pp |
| Annual return | 18.95% | 28.13%-9.2pp | 34.89%-15.9pp | 73.15%-54.2pp |
| Employer contribution / active EE | $0 | $2,046-100.0% | $3,318-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $4,300 | $4,389-2.0% | $5,287-18.7% | $3,332+29.0% |
| Admin fee / account holder | $3,501 | $3,945-11.3% | $5,943-41.1% | $4,645-24.6% |