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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 | $40,027 | $95,406-58.0% | $185,849-78.5% | $85,847-53.4% |
| Participation rate | 42.5% | 68.8%-26.3pp | 81.7%-39.2pp | 69.3%-26.8pp |
| Annual return | 14.99% | 23.59%-8.6pp | 122.10%-107.1pp | 318.61%-303.6pp |
| Employer contribution / active EE | $404 | $3,314-87.8% | $5,169-92.2% | $2,565-84.3% |
| Participant deferral / active EE | $789 | $3,424-77.0% | $5,569-85.8% | $3,952-80.0% |
| Admin fee / account holder | $2,324 | $7,214-67.8% | $16,244-85.7% | $6,261-62.9% |