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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 | $35,396 | $87,465-59.5% | $122,979-71.2% | $65,306-45.8% |
| Participation rate | 20.7% | 66.0%-45.3pp | 77.2%-56.4pp | 57.7%-36.9pp |
| Annual return | 13.84% | 19.76%-5.9pp | 20.12%-6.3pp | 21.94%-8.1pp |
| Employer contribution / active EE | $0 | $2,156-100.0% | $3,062-100.0% | $1,967-100.0% |
| Participant deferral / active EE | $1,409 | $3,705-62.0% | $5,003-71.8% | $2,959-52.4% |
| Admin fee / account holder | $18,382 | $5,100+260.4% | $12,864+42.9% | $3,480+428.2% |