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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 | $49,975 | $57,352-12.9% | $83,831-40.4% | $64,173-22.1% |
| Participation rate | 27.8% | 68.6%-40.8pp | 76.1%-48.4pp | 69.6%-41.8pp |
| Annual return | 3.40% | 11.38%-8.0pp | 850.99%-847.6pp | 7.63%-4.2pp |
| Employer contribution / active EE | $647 | $2,546-74.6% | $3,631-82.2% | $2,381-72.8% |
| Participant deferral / active EE | $989 | $2,993-67.0% | $4,082-75.8% | $3,470-71.5% |
| Admin fee / account holder | $8,032 | $4,046+98.5% | $5,479+46.6% | $4,887+64.3% |