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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 | $35,448 | $102,393-65.4% | $147,041-75.9% | $80,911-56.2% |
| Participation rate | 16.9% | 75.9%-59.0pp | 82.2%-65.3pp | 67.6%-50.7pp |
| Annual return | 12.35% | 134.95%-122.6pp | 419.21%-406.9pp | 35.63%-23.3pp |
| Employer contribution / active EE | $0 | $3,715-100.0% | $4,935-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $252 | $6,647-96.2% | $8,071-96.9% | $4,297-94.1% |
| Admin fee / account holder | $12,343 | $7,943+55.4% | $13,006-5.1% | $6,935+78.0% |