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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 | $20,540 | $61,390-66.5% | $112,228-81.7% | $75,177-72.7% |
| Participation rate | 24.1% | 61.6%-37.5pp | 72.4%-48.3pp | 67.2%-43.1pp |
| Annual return | 21.55% | 28.47%-6.9pp | 30.23%-8.7pp | 160.75%-139.2pp |
| Employer contribution / active EE | $639 | $2,015-68.3% | $3,432-81.4% | $2,671-76.1% |
| Participant deferral / active EE | $987 | $3,108-68.3% | $4,800-79.4% | $4,126-76.1% |
| Admin fee / account holder | $1,582 | $4,862-67.5% | $7,752-79.6% | $5,651-72.0% |