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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 | $23,517 | $78,690-70.1% | $161,489-85.4% | $87,485-73.1% |
| Participation rate | 24.4% | 67.5%-43.0pp | 78.7%-54.3pp | 68.9%-44.5pp |
| Annual return | 14.56% | 32.74%-18.2pp | 89.72%-75.2pp | 26.06%-11.5pp |
| Employer contribution / active EE | $362 | $2,588-86.0% | $4,268-91.5% | $2,596-86.0% |
| Participant deferral / active EE | $888 | $3,311-73.2% | $5,630-84.2% | $4,274-79.2% |
| Admin fee / account holder | $1,599 | $6,724-76.2% | $16,006-90.0% | $7,775-79.4% |