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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 | $37,056 | $86,050-56.9% | $189,758-80.5% | $94,015-60.6% |
| Participation rate | 22.5% | 68.9%-46.4pp | 79.8%-57.3pp | 70.8%-48.3pp |
| Annual return | 16.11% | 17.77%-1.7pp | 52.62%-36.5pp | 17.84%-1.7pp |
| Employer contribution / active EE | $0 | $2,819-100.0% | $4,767-100.0% | $2,790-100.0% |
| Participant deferral / active EE | $919 | $3,349-72.5% | $5,856-84.3% | $4,249-78.4% |
| Admin fee / account holder | $2,140 | $6,627-67.7% | $20,388-89.5% | $8,951-76.1% |