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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 | $35,679 | $91,198-60.9% | $178,503-80.0% | $79,856-55.3% |
| Participation rate | 51.0% | 69.2%-18.2pp | 81.9%-30.9pp | 69.6%-18.6pp |
| Annual return | 13.62% | 24.20%-10.6pp | 151.12%-137.5pp | 31.71%-18.1pp |
| Employer contribution / active EE | $373 | $3,257-88.6% | $5,011-92.6% | $2,471-84.9% |
| Participant deferral / active EE | $680 | $3,237-79.0% | $5,202-86.9% | $3,741-81.8% |
| Admin fee / account holder | $2,614 | $6,748-61.3% | $13,987-81.3% | $5,306-50.7% |