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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 | $117,020 | $68,681+70.4% | $86,615+35.1% | $85,847+36.3% |
| Participation rate | 34.2% | 66.4%-32.1pp | 71.6%-37.4pp | 69.3%-35.1pp |
| Annual return | 12.19% | 20.12%-7.9pp | 63.51%-51.3pp | 318.61%-306.4pp |
| Employer contribution / active EE | $0 | $1,880-100.0% | $2,496-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $397 | $2,919-86.4% | $3,699-89.3% | $3,952-90.0% |
| Admin fee / account holder | $18,551 | $5,974+210.5% | $5,830+218.2% | $6,261+196.3% |