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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 | $60,151 | $86,949-30.8% | $102,460-41.3% | $80,959-25.7% |
| Participation rate | 26.4% | 72.4%-46.0pp | 76.5%-50.1pp | 67.7%-41.3pp |
| Annual return | 11.84% | 18.89%-7.1pp | 29.47%-17.6pp | 35.67%-23.8pp |
| Employer contribution / active EE | $0 | $2,370-100.0% | $3,025-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $827 | $4,121-79.9% | $5,056-83.6% | $4,300-80.8% |
| Admin fee / account holder | $1,399 | $8,048-82.6% | $9,460-85.2% | $6,925-79.8% |