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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 | $35,442 | $63,342-44.0% | $92,235-61.6% | $70,131-49.5% |
| Participation rate | 22.4% | 68.7%-46.3pp | 76.5%-54.1pp | 69.5%-47.2pp |
| Annual return | 16.39% | 530.15%-513.8pp | 176.28%-159.9pp | 73.14%-56.7pp |
| Employer contribution / active EE | $0 | $2,471-100.0% | $3,679-100.0% | $2,342-100.0% |
| Participant deferral / active EE | $581 | $2,854-79.6% | $3,897-85.1% | $3,332-82.6% |
| Admin fee / account holder | $1,215 | $3,840-68.4% | $5,194-76.6% | $4,645-73.8% |