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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 | $24,848 | $49,657-50.0% | $93,063-73.3% | $67,986-63.5% |
| Participation rate | 23.8% | 49.9%-26.1pp | 72.1%-48.3pp | 57.2%-33.4pp |
| Annual return | 17.33% | 26.27%-8.9pp | 34.15%-16.8pp | 31.67%-14.3pp |
| Employer contribution / active EE | $0 | $1,279-100.0% | $2,476-100.0% | $2,019-100.0% |
| Participant deferral / active EE | $881 | $2,484-64.5% | $3,958-77.7% | $3,358-73.8% |
| Admin fee / account holder | $2,482 | $2,843-12.7% | $6,033-58.9% | $3,203-22.5% |