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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 | $30,922 | $86,949-64.4% | $102,460-69.8% | $80,959-61.8% |
| Participation rate | 30.9% | 72.4%-41.5pp | 76.5%-45.6pp | 67.7%-36.8pp |
| Annual return | 21.46% | 18.89%+2.6pp | 29.47%-8.0pp | 35.67%-14.2pp |
| Employer contribution / active EE | $0 | $2,370-100.0% | $3,025-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $1,496 | $4,121-63.7% | $5,056-70.4% | $4,300-65.2% |
| Admin fee / account holder | $2,267 | $8,048-71.8% | $9,460-76.0% | $6,925-67.3% |