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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 | $40,070 | $59,448-32.6% | $93,696-57.2% | $74,459-46.2% |
| Participation rate | 11.3% | 59.6%-48.3pp | 68.7%-57.4pp | 67.2%-55.9pp |
| Annual return | 16.74% | 82.11%-65.4pp | 133.74%-117.0pp | 1369.70%-1353.0pp |
| Employer contribution / active EE | $713 | $1,266-43.7% | $2,422-70.5% | $2,626-72.8% |
| Participant deferral / active EE | $665 | $3,052-78.2% | $4,417-85.0% | $4,350-84.7% |
| Admin fee / account holder | $1,609 | $3,027-46.9% | $8,287-80.6% | $1,945-17.3% |