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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 | $18,308 | $61,605-70.3% | $112,273-83.7% | $75,173-75.6% |
| Participation rate | 32.5% | 61.7%-29.2pp | 72.4%-39.9pp | 67.2%-34.7pp |
| Annual return | 14.58% | 28.47%-13.9pp | 30.23%-15.6pp | 160.72%-146.1pp |
| Employer contribution / active EE | $686 | $2,015-66.0% | $3,431-80.0% | $2,671-74.3% |
| Participant deferral / active EE | $758 | $3,108-75.6% | $4,800-84.2% | $4,126-81.6% |
| Admin fee / account holder | $1,276 | $4,862-73.8% | $7,752-83.5% | $5,651-77.4% |