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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 | $23,482 | $65,395-64.1% | $182,540-87.1% | $72,975-67.8% |
| Participation rate | 19.2% | 65.4%-46.3pp | 78.0%-58.8pp | 69.5%-50.3pp |
| Annual return | 24.15% | 27.68%-3.5pp | 148.58%-124.4pp | 81.01%-56.9pp |
| Employer contribution / active EE | $0 | $1,911-100.0% | $4,076-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $828 | $3,563-76.8% | $5,525-85.0% | $3,608-77.0% |
| Admin fee / account holder | $1,084 | $4,245-74.5% | $8,593-87.4% | $5,124-78.8% |