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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 | $32,874 | $46,534-29.4% | $64,097-48.7% | $75,177-56.3% |
| Participation rate | 51.4% | 65.9%-14.5pp | 72.3%-20.9pp | 67.2%-15.8pp |
| Annual return | 18.84% | 26.07%-7.2pp | 33.75%-14.9pp | 160.75%-141.9pp |
| Employer contribution / active EE | $0 | $1,976-100.0% | $2,750-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $677 | $2,835-76.1% | $3,881-82.6% | $4,126-83.6% |
| Admin fee / account holder | $7,681 | $2,957+159.8% | $3,070+150.2% | $5,651+35.9% |