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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 | $65,009 | $77,472-16.1% | $100,415-35.3% | $80,959-19.7% |
| Participation rate | 26.3% | 76.9%-50.6pp | 81.5%-55.2pp | 67.7%-41.4pp |
| Annual return | 17.27% | 37.26%-20.0pp | 49.47%-32.2pp | 35.67%-18.4pp |
| Employer contribution / active EE | $0 | $2,800-100.0% | $3,943-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $1,088 | $6,818-84.0% | $8,091-86.5% | $4,300-74.7% |
| Admin fee / account holder | $713 | $5,885-87.9% | $7,906-91.0% | $6,925-89.7% |