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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 | $46,759 | $87,834-46.8% | $133,975-65.1% | $62,881-25.6% |
| Participation rate | 58.7% | 83.4%-24.7pp | 87.1%-28.4pp | 69.3%-10.6pp |
| Annual return | 10.90% | 12.05%-1.2pp | 29.29%-18.4pp | 20.14%-9.2pp |
| Employer contribution / active EE | $0 | $3,482-100.0% | $5,211-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $1,957 | $4,812-59.3% | $6,282-68.8% | $3,203-38.9% |
| Admin fee / account holder | $315 | $5,372-94.1% | $9,324-96.6% | $4,296-92.7% |