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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 | $26,351 | $50,812-48.1% | $155,602-83.1% | $77,692-66.1% |
| Participation rate | 17.7% | 63.1%-45.4pp | 78.2%-60.5pp | 70.6%-52.9pp |
| Annual return | 14.29% | 34.85%-20.6pp | 64.81%-50.5pp | 31.25%-17.0pp |
| Employer contribution / active EE | $426 | $1,989-78.6% | $4,675-90.9% | $2,726-84.4% |
| Participant deferral / active EE | $730 | $2,822-74.2% | $5,629-87.0% | $4,648-84.3% |
| Admin fee / account holder | $1,053 | $436+141.4% | $15,923-93.4% | $431+144.6% |