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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 | $63,079 | $97,550-35.3% | $120,344-47.6% | $87,485-27.9% |
| Participation rate | 24.1% | 72.8%-48.8pp | 76.7%-52.6pp | 68.9%-44.9pp |
| Annual return | 12.60% | 18.41%-5.8pp | 20.30%-7.7pp | 26.06%-13.5pp |
| Employer contribution / active EE | $0 | $2,291-100.0% | $3,020-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $180 | $4,230-95.7% | $5,135-96.5% | $4,274-95.8% |
| Admin fee / account holder | $8,686 | $9,543-9.0% | $12,742-31.8% | $7,775+11.7% |