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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 | $34,400 | $70,684-51.3% | $169,390-79.7% | $75,173-54.2% |
| Participation rate | 21.2% | 64.8%-43.6pp | 77.2%-56.0pp | 67.2%-46.0pp |
| Annual return | 15.65% | 36.38%-20.7pp | 406.07%-390.4pp | 160.72%-145.1pp |
| Employer contribution / active EE | $0 | $2,211-100.0% | $4,013-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $558 | $4,310-87.0% | $6,222-91.0% | $4,126-86.5% |
| Admin fee / account holder | $4,499 | $5,404-16.7% | $9,015-50.1% | $5,651-20.4% |