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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 | $58,848-51.2% | $88,179-67.4% | $82,637-65.2% |
| Participation rate | 23.5% | 57.9%-34.4pp | 69.1%-45.6pp | 68.1%-44.5pp |
| Annual return | 16.03% | 22.76%-6.7pp | 64.97%-48.9pp | 53.51%-37.5pp |
| Employer contribution / active EE | $359 | $1,678-78.6% | $2,549-85.9% | $2,552-85.9% |
| Participant deferral / active EE | $718 | $3,124-77.0% | $4,614-84.4% | $4,126-82.6% |
| Admin fee / account holder | $421 | $4,795-91.2% | $7,673-94.5% | $7,339-94.3% |