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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 | $78,690-52.9% | $161,489-77.1% | $87,485-57.6% |
| Participation rate | 22.5% | 67.5%-45.0pp | 78.7%-56.2pp | 68.9%-46.4pp |
| Annual return | 16.11% | 32.74%-16.6pp | 89.72%-73.6pp | 26.06%-9.9pp |
| Employer contribution / active EE | $0 | $2,588-100.0% | $4,268-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $919 | $3,311-72.2% | $5,630-83.7% | $4,274-78.5% |
| Admin fee / account holder | $2,140 | $6,724-68.2% | $16,006-86.6% | $7,775-72.5% |