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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 | $32,502 | $86,938-62.6% | $102,423-68.3% | $80,925-59.8% |
| Participation rate | 61.9% | 72.4%-10.5pp | 76.5%-14.6pp | 67.7%-5.8pp |
| Annual return | 19.94% | 18.89%+1.1pp | 29.42%-9.5pp | 35.65%-15.7pp |
| Employer contribution / active EE | $0 | $2,369-100.0% | $3,023-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $1,787 | $4,120-56.6% | $5,054-64.7% | $4,299-58.4% |
| Admin fee / account holder | $2,019 | $8,053-74.9% | $9,455-78.6% | $6,940-70.9% |