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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 | $33,351 | $50,554-34.0% | $67,681-50.7% | $87,485-61.9% |
| Participation rate | 39.0% | 67.7%-28.7pp | 73.7%-34.7pp | 68.9%-29.9pp |
| Annual return | 17.11% | 17.81%-0.7pp | 590.58%-573.5pp | 26.06%-9.0pp |
| Employer contribution / active EE | $0 | $1,988-100.0% | $2,678-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $886 | $2,961-70.1% | $3,976-77.7% | $4,274-79.3% |
| Admin fee / account holder | $21,749 | $4,132+426.3% | $6,100+256.5% | $7,775+179.7% |