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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 | $53,673 | $78,707-31.8% | $117,861-54.5% | $70,126-23.5% |
| Participation rate | 54.5% | 73.2%-18.6pp | 79.7%-25.1pp | 69.5%-15.0pp |
| Annual return | 22.11% | 23.30%-1.2pp | 335.11%-313.0pp | 73.15%-51.0pp |
| Employer contribution / active EE | $0 | $2,223-100.0% | $3,786-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $500 | $3,297-84.8% | $4,482-88.8% | $3,332-85.0% |
| Admin fee / account holder | $2,276 | $5,066-55.1% | $8,021-71.6% | $4,645-51.0% |