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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 | $40,661 | $72,114-43.6% | $108,745-62.6% | $62,881-35.3% |
| Participation rate | 22.2% | 74.6%-52.4pp | 77.7%-55.5pp | 69.3%-47.1pp |
| Annual return | 6.64% | 13.41%-6.8pp | 46.22%-39.6pp | 20.14%-13.5pp |
| Employer contribution / active EE | $0 | $2,694-100.0% | $3,323-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $505 | $4,044-87.5% | $5,121-90.1% | $3,203-84.2% |
| Admin fee / account holder | $572 | $4,608-87.6% | $6,144-90.7% | $4,296-86.7% |