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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 | $64,378 | $100,139-35.7% | $85,187-24.4% | $145,884-55.9% |
| Participation rate | 22.2% | 74.1%-51.9pp | 67.5%-45.3pp | 80.3%-58.1pp |
| Annual return | 14.91% | 84.15%-69.2pp | 66.67%-51.8pp | 551.85%-536.9pp |
| Employer contribution / active EE | $555 | $3,238-82.8% | $2,732-79.7% | $4,662-88.1% |
| Participant deferral / active EE | $905 | $5,296-82.9% | $4,525-80.0% | $6,690-86.5% |
| Admin fee / account holder | $905 | $7,262-87.5% | $6,162-85.3% | $13,392-93.2% |