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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 | $35,247 | $81,262-56.6% | $155,602-77.3% | $80,911-56.4% |
| Participation rate | 35.6% | 66.2%-30.6pp | 78.2%-42.6pp | 67.6%-32.0pp |
| Annual return | 14.58% | 33.34%-18.8pp | 64.81%-50.2pp | 35.63%-21.0pp |
| Employer contribution / active EE | $575 | $3,102-81.5% | $4,675-87.7% | $2,756-79.1% |
| Participant deferral / active EE | $862 | $3,451-75.0% | $5,629-84.7% | $4,297-79.9% |
| Admin fee / account holder | $411 | $7,992-94.9% | $15,923-97.4% | $6,935-94.1% |