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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 | $30,930 | $56,054-44.8% | $171,082-81.9% | $62,881-50.8% |
| Participation rate | 23.1% | 62.9%-39.8pp | 76.7%-53.6pp | 69.3%-46.2pp |
| Annual return | 6.58% | 22.52%-15.9pp | 32.56%-26.0pp | 20.14%-13.6pp |
| Employer contribution / active EE | $653 | $1,731-62.3% | $4,002-83.7% | $2,281-71.4% |
| Participant deferral / active EE | $904 | $3,158-71.4% | $4,797-81.1% | $3,203-71.8% |
| Admin fee / account holder | $1,380 | $3,647-62.2% | $8,520-83.8% | $4,296-67.9% |