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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 | $23,560 | $58,600-59.8% | $83,327-71.7% | $64,173-63.3% |
| Participation rate | 33.3% | 72.0%-38.7pp | 77.8%-44.4pp | 69.6%-36.2pp |
| Annual return | -6.55% | 9.66%-16.2pp | 10.64%-17.2pp | 7.63%-14.2pp |
| Employer contribution / active EE | $0 | $2,098-100.0% | $3,379-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $3,328 | $4,656-28.5% | $5,565-40.2% | $3,470-4.1% |
| Admin fee / account holder | $1,960 | $9,282-78.9% | $7,540-74.0% | $4,887-59.9% |