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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 | $47,935 | $98,766-51.5% | $149,730-68.0% | $79,852-40.0% |
| Participation rate | 51.4% | 75.8%-24.4pp | 82.5%-31.1pp | 69.6%-18.2pp |
| Annual return | 12.37% | 27.43%-15.1pp | 276.70%-264.3pp | 31.72%-19.3pp |
| Employer contribution / active EE | $0 | $3,217-100.0% | $4,645-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $1,794 | $5,681-68.4% | $6,843-73.8% | $3,740-52.0% |
| Admin fee / account holder | $3,718 | $6,052-38.6% | $9,310-60.1% | $5,306-29.9% |