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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 | $22,093 | $45,343-51.3% | $150,298-85.3% | $67,986-67.5% |
| Participation rate | 17.5% | 51.9%-34.3pp | 77.8%-60.2pp | 57.2%-39.7pp |
| Annual return | 17.87% | 33.28%-15.4pp | 62.79%-44.9pp | 31.67%-13.8pp |
| Employer contribution / active EE | $285 | $1,462-80.5% | $4,154-93.1% | $2,019-85.9% |
| Participant deferral / active EE | $254 | $2,055-87.6% | $5,453-95.3% | $3,358-92.4% |
| Admin fee / account holder | $1,211 | $2,250-46.2% | $14,116-91.4% | $3,203-62.2% |