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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 | $27,728 | $36,948-25.0% | $73,658-62.4% | $87,485-68.3% |
| Participation rate | 14.9% | 46.8%-31.9pp | 57.0%-42.1pp | 68.9%-54.0pp |
| Annual return | 18.50% | 28.64%-10.1pp | 29.72%-11.2pp | 26.06%-7.6pp |
| Employer contribution / active EE | $129 | $670-80.7% | $1,032-87.5% | $2,596-95.0% |
| Participant deferral / active EE | $275 | $1,379-80.1% | $2,062-86.7% | $4,274-93.6% |
| Admin fee / account holder | $1,550 | $2,531-38.7% | $3,357-53.8% | $7,775-80.1% |