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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 | $40,019 | $176,786-77.4% | $146,643-72.7% | $167,536-76.1% |
| Participation rate | 41.2% | 83.6%-42.4pp | 80.1%-38.9pp | 82.1%-40.9pp |
| Annual return | 13.37% | 24.04%-10.7pp | 22.75%-9.4pp | 478.82%-465.4pp |
| Employer contribution / active EE | $0 | $5,161-100.0% | $4,137-100.0% | $4,839-100.0% |
| Participant deferral / active EE | $1,290 | $6,440-80.0% | $5,506-76.6% | $6,342-79.7% |
| Admin fee / account holder | $369 | $13,262-97.2% | $10,280-96.4% | $12,315-97.0% |