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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 | $35,305 | $60,349-41.5% | $74,184-52.4% | $62,881-43.9% |
| Participation rate | 56.3% | 72.7%-16.5pp | 76.6%-20.4pp | 69.3%-13.1pp |
| Annual return | 6.26% | 21.38%-15.1pp | 17.74%-11.5pp | 20.14%-13.9pp |
| Employer contribution / active EE | $96 | $1,680-94.3% | $2,370-96.0% | $2,281-95.8% |
| Participant deferral / active EE | $2,322 | $2,856-18.7% | $3,550-34.6% | $3,203-27.5% |
| Admin fee / account holder | $3,760 | $4,261-11.8% | $5,586-32.7% | $4,296-12.5% |