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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 | $18,369 | $56,544-67.5% | $75,501-75.7% | $70,126-73.8% |
| Participation rate | 54.3% | 68.1%-13.8pp | 72.4%-18.1pp | 69.5%-15.3pp |
| Annual return | 15.75% | 23.59%-7.8pp | 27.35%-11.6pp | 73.15%-57.4pp |
| Employer contribution / active EE | $461 | $1,817-74.6% | $2,352-80.4% | $2,343-80.3% |
| Participant deferral / active EE | $843 | $2,580-67.3% | $3,142-73.2% | $3,332-74.7% |
| Admin fee / account holder | $1,469 | $3,827-61.6% | $5,801-74.7% | $4,645-68.4% |