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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 | $31,922 | $80,753-60.5% | $136,298-76.6% | $62,293-48.8% |
| Participation rate | 21.6% | 73.5%-52.0pp | 81.9%-60.4pp | 69.5%-47.9pp |
| Annual return | 20.70% | 35.83%-15.1pp | 5156.27%-5135.6pp | 28.90%-8.2pp |
| Employer contribution / active EE | $668 | $2,884-76.8% | $4,696-85.8% | $2,042-67.3% |
| Participant deferral / active EE | $1,165 | $5,164-77.4% | $6,247-81.3% | $3,169-63.2% |
| Admin fee / account holder | $4,116 | $525+683.4% | $9,244-55.5% | $479+758.7% |