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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer 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 | $23,044 | $73,981-68.9% | $105,754-78.2% | $62,881-63.4% |
| Participation rate | 60.0% | 71.7%-11.7pp | 78.9%-18.9pp | 69.3%-9.3pp |
| Annual return | 4.98% | 17.60%-12.6pp | 12.25%-7.3pp | 20.14%-15.2pp |
| Employer contribution / active EE | $0 | $2,856-100.0% | $4,079-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $2,828 | $4,038-30.0% | $5,326-46.9% | $3,203-11.7% |
| Admin fee / account holder | $9,697 | $5,976+62.3% | $8,309+16.7% | $4,296+125.7% |