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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 | $24,119 | $78,015-69.1% | $178,505-86.5% | $80,959-70.2% |
| Participation rate | 23.6% | 65.7%-42.0pp | 77.1%-53.5pp | 67.7%-44.0pp |
| Annual return | 12.73% | 18.10%-5.4pp | 27.16%-14.4pp | 35.67%-22.9pp |
| Employer contribution / active EE | $667 | $2,281-70.7% | $3,955-83.1% | $2,757-75.8% |
| Participant deferral / active EE | $975 | $4,406-77.9% | $6,280-84.5% | $4,300-77.3% |
| Admin fee / account holder | $3,140 | $7,160-56.2% | $10,428-69.9% | $6,925-54.7% |