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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 | $23,393 | $81,276-71.2% | $155,574-85.0% | $80,925-71.1% |
| Participation rate | 35.6% | 66.2%-30.7pp | 78.2%-42.6pp | 67.7%-32.1pp |
| Annual return | 10.92% | 33.36%-22.4pp | 64.87%-53.9pp | 35.65%-24.7pp |
| Employer contribution / active EE | $456 | $3,103-85.3% | $4,676-90.2% | $2,756-83.5% |
| Participant deferral / active EE | $736 | $3,453-78.7% | $5,629-86.9% | $4,299-82.9% |
| Admin fee / account holder | $724 | $7,993-90.9% | $15,914-95.5% | $6,940-89.6% |