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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 | $27,001 | $78,015-65.4% | $178,505-84.9% | $80,959-66.6% |
| Participation rate | 16.2% | 65.7%-49.5pp | 77.1%-60.9pp | 67.7%-51.5pp |
| Annual return | 13.90% | 18.10%-4.2pp | 27.16%-13.3pp | 35.67%-21.8pp |
| Employer contribution / active EE | $0 | $2,281-100.0% | $3,955-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $545 | $4,406-87.6% | $6,280-91.3% | $4,300-87.3% |
| Admin fee / account holder | $12,883 | $7,160+79.9% | $10,428+23.5% | $6,925+86.0% |