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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 | $57,864 | $72,273-19.9% | $101,275-42.9% | $79,856-27.5% |
| Participation rate | 16.7% | 68.5%-51.8pp | 75.8%-59.1pp | 69.6%-53.0pp |
| Annual return | 21.04% | 22.30%-1.3pp | 46.48%-25.4pp | 31.71%-10.7pp |
| Employer contribution / active EE | $0 | $2,691-100.0% | $3,660-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $623 | $3,282-81.0% | $4,371-85.7% | $3,741-83.3% |
| Admin fee / account holder | $3,023 | $4,401-31.3% | $5,948-49.2% | $5,306-43.0% |