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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 | $27,406 | $65,246-58.0% | $98,716-72.2% | $67,986-59.7% |
| Participation rate | 32.7% | 51.4%-18.7pp | 69.3%-36.6pp | 57.2%-24.5pp |
| Annual return | 17.49% | 20.58%-3.1pp | 31.81%-14.3pp | 31.67%-14.2pp |
| Employer contribution / active EE | $383 | $1,042-63.2% | $2,279-83.2% | $2,019-81.0% |
| Participant deferral / active EE | $716 | $2,594-72.4% | $4,048-82.3% | $3,358-78.7% |
| Admin fee / account holder | $4,525 | $4,561-0.8% | $8,703-48.0% | $3,203+41.3% |