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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 | $32,670 | $86,938-62.4% | $102,423-68.1% | $80,925-59.6% |
| Participation rate | 66.7% | 72.4%-5.7pp | 76.5%-9.8pp | 67.7%-1.0pp |
| Annual return | 10.98% | 18.89%-7.9pp | 29.42%-18.4pp | 35.65%-24.7pp |
| Employer contribution / active EE | $0 | $2,369-100.0% | $3,023-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $991 | $4,120-75.9% | $5,054-80.4% | $4,299-76.9% |
| Admin fee / account holder | $11,790 | $8,053+46.4% | $9,455+24.7% | $6,940+69.9% |