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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 | $14,470 | $47,848-69.8% | $81,473-82.2% | $70,126-79.4% |
| Participation rate | 38.0% | 58.3%-20.3pp | 68.0%-30.0pp | 69.5%-31.6pp |
| Annual return | 18.96% | 27.25%-8.3pp | 38.78%-19.8pp | 73.15%-54.2pp |
| Employer contribution / active EE | $460 | $1,527-69.8% | $2,568-82.1% | $2,343-80.3% |
| Participant deferral / active EE | $698 | $2,453-71.5% | $3,537-80.3% | $3,332-79.0% |
| Admin fee / account holder | $1,918 | $3,145-39.0% | $4,561-57.9% | $4,645-58.7% |