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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 | $20,924 | $95,406-78.1% | $185,849-88.7% | $85,847-75.6% |
| Participation rate | 63.7% | 68.8%-5.0pp | 81.7%-18.0pp | 69.3%-5.6pp |
| Annual return | 12.85% | 23.59%-10.7pp | 122.10%-109.2pp | 318.61%-305.8pp |
| Employer contribution / active EE | $642 | $3,314-80.6% | $5,169-87.6% | $2,565-75.0% |
| Participant deferral / active EE | $856 | $3,424-75.0% | $5,569-84.6% | $3,952-78.3% |
| Admin fee / account holder | $1,599 | $7,214-77.8% | $16,244-90.2% | $6,261-74.5% |