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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 | $31,035 | $78,705-60.6% | $117,860-73.7% | $70,124-55.7% |
| Participation rate | 40.2% | 73.2%-32.9pp | 79.7%-39.4pp | 69.5%-29.3pp |
| Annual return | 17.63% | 23.30%-5.7pp | 335.10%-317.5pp | 73.14%-55.5pp |
| Employer contribution / active EE | $0 | $2,223-100.0% | $3,786-100.0% | $2,342-100.0% |
| Participant deferral / active EE | $774 | $3,297-76.5% | $4,482-82.7% | $3,332-76.8% |
| Admin fee / account holder | $473 | $5,065-90.7% | $8,021-94.1% | $4,645-89.8% |