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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant 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 | $28,741 | $57,590-50.1% | $86,233-66.7% | $82,448-65.1% |
| Participation rate | 23.5% | 57.9%-34.3pp | 69.0%-45.5pp | 68.1%-44.5pp |
| Annual return | 16.03% | 22.41%-6.4pp | 61.39%-45.4pp | 41.64%-25.6pp |
| Employer contribution / active EE | $359 | $1,655-78.3% | $2,504-85.7% | $2,551-85.9% |
| Participant deferral / active EE | $718 | $3,080-76.7% | $4,559-84.3% | $4,139-82.7% |
| Admin fee / account holder | $421 | $4,730-91.1% | $8,342-95.0% | $7,234-94.2% |