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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 | $22,096 | $39,132-43.5% | $57,196-61.4% | $62,881-64.9% |
| Participation rate | 51.4% | 70.5%-19.1pp | 75.3%-24.0pp | 69.3%-18.0pp |
| Annual return | 6.53% | 9.24%-2.7pp | 14.59%-8.1pp | 20.14%-13.6pp |
| Employer contribution / active EE | $44 | $1,874-97.7% | $2,683-98.4% | $2,281-98.1% |
| Participant deferral / active EE | $2,215 | $2,374-6.7% | $3,096-28.5% | $3,203-30.8% |
| Admin fee / account holder | $905 | $2,594-65.1% | $3,141-71.2% | $4,296-78.9% |