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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 | $28,627 | $73,787-61.2% | $98,716-71.0% | $82,448-65.3% |
| Participation rate | 31.8% | 61.4%-29.6pp | 69.3%-37.5pp | 68.1%-36.3pp |
| Annual return | 13.22% | 18.57%-5.3pp | 31.81%-18.6pp | 41.64%-28.4pp |
| Employer contribution / active EE | $369 | $1,511-75.6% | $2,279-83.8% | $2,551-85.6% |
| Participant deferral / active EE | $529 | $3,081-82.8% | $4,048-86.9% | $4,139-87.2% |
| Admin fee / account holder | $7,081 | $6,500+8.9% | $8,703-18.6% | $7,234-2.1% |