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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 | $60,442-52.4% | $96,754-70.3% | $87,485-67.1% |
| Participation rate | 23.5% | 58.7%-35.2pp | 70.3%-46.7pp | 68.9%-45.4pp |
| Annual return | 16.03% | 21.97%-5.9pp | 82.04%-66.0pp | 26.06%-10.0pp |
| Employer contribution / active EE | $359 | $1,691-78.8% | $2,679-86.6% | $2,596-86.2% |
| Participant deferral / active EE | $718 | $3,280-78.1% | $4,758-84.9% | $4,274-83.2% |
| Admin fee / account holder | $421 | $5,069-91.7% | $8,905-95.3% | $7,775-94.6% |