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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 | $30,974 | $56,894-45.6% | $84,753-63.5% | $62,881-50.7% |
| Participation rate | 50.0% | 68.5%-18.5pp | 76.6%-26.6pp | 69.3%-19.3pp |
| Annual return | 5.20% | 6.30%-1.1pp | 22.78%-17.6pp | 20.14%-14.9pp |
| Employer contribution / active EE | $757 | $2,400-68.5% | $3,574-78.8% | $2,281-66.8% |
| Participant deferral / active EE | $914 | $2,709-66.3% | $3,712-75.4% | $3,203-71.5% |
| Admin fee / account holder | $1,669 | $3,581-53.4% | $5,333-68.7% | $4,296-61.1% |