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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 | $39,014 | $76,696-49.1% | $96,515-59.6% | $71,511-45.4% |
| Participation rate | 44.4% | 66.6%-22.2pp | 74.3%-30.0pp | 67.9%-23.6pp |
| Annual return | 16.85% | 48.32%-31.5pp | 35.73%-18.9pp | 28.86%-12.0pp |
| Employer contribution / active EE | $1 | $3,032-100.0% | $3,740-100.0% | $2,589-100.0% |
| Participant deferral / active EE | $2,399 | $3,770-36.4% | $4,880-50.8% | $4,291-44.1% |
| Admin fee / account holder | $3,761 | $2,030+85.3% | $6,735-44.2% | $1,588+136.8% |