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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 | $59,124 | $65,246-9.4% | $98,716-40.1% | $67,986-13.0% |
| Participation rate | 22.0% | 51.4%-29.4pp | 69.3%-47.3pp | 57.2%-35.2pp |
| Annual return | 13.43% | 20.58%-7.1pp | 31.81%-18.4pp | 31.67%-18.2pp |
| Employer contribution / active EE | $0 | $1,042-100.0% | $2,279-100.0% | $2,019-100.0% |
| Participant deferral / active EE | $1,817 | $2,594-30.0% | $4,048-55.1% | $3,358-45.9% |
| Admin fee / account holder | $6,497 | $4,561+42.5% | $8,703-25.3% | $3,203+102.8% |