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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 | $15,087 | $91,179-83.5% | $178,499-91.5% | $79,852-81.1% |
| Participation rate | 30.2% | 69.2%-39.0pp | 81.9%-51.7pp | 69.6%-39.4pp |
| Annual return | 15.57% | 24.19%-8.6pp | 151.10%-135.5pp | 31.72%-16.1pp |
| Employer contribution / active EE | $0 | $3,256-100.0% | $5,011-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $736 | $3,236-77.3% | $5,202-85.9% | $3,740-80.3% |
| Admin fee / account holder | $635 | $6,749-90.6% | $13,986-95.5% | $5,306-88.0% |