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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 | $29,651 | $56,894-47.9% | $84,753-65.0% | $62,881-52.8% |
| Participation rate | 55.9% | 68.5%-12.7pp | 76.6%-20.7pp | 69.3%-13.4pp |
| Annual return | 5.86% | 6.30%-0.4pp | 22.78%-16.9pp | 20.14%-14.3pp |
| Employer contribution / active EE | $0 | $2,400-100.0% | $3,574-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $2,689 | $2,709-0.7% | $3,712-27.6% | $3,203-16.0% |
| Admin fee / account holder | $916 | $3,581-74.4% | $5,333-82.8% | $4,296-78.7% |