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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 | $41,436 | $57,073-27.4% | $85,126-51.3% | $80,925-48.8% |
| Participation rate | 20.0% | 56.4%-36.4pp | 67.5%-47.5pp | 67.7%-47.7pp |
| Annual return | 12.82% | 21.69%-8.9pp | 66.63%-53.8pp | 35.65%-22.8pp |
| Employer contribution / active EE | $518 | $1,801-71.2% | $2,731-81.0% | $2,756-81.2% |
| Participant deferral / active EE | $518 | $3,113-83.4% | $4,523-88.6% | $4,299-88.0% |
| Admin fee / account holder | $404 | $4,988-91.9% | $6,160-93.4% | $6,940-94.2% |