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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 | $23,020 | $57,305-59.8% | $86,640-73.4% | $75,173-69.4% |
| Participation rate | 40.0% | 63.2%-23.2pp | 71.7%-31.7pp | 67.2%-27.2pp |
| Annual return | 15.18% | 2674.24%-2659.1pp | 592.52%-577.3pp | 160.72%-145.5pp |
| Employer contribution / active EE | $393 | $2,316-83.1% | $3,024-87.0% | $2,671-85.3% |
| Participant deferral / active EE | $751 | $3,320-77.4% | $4,438-83.1% | $4,126-81.8% |
| Admin fee / account holder | $3,339 | $4,116-18.9% | $5,616-40.5% | $5,651-40.9% |