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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 | $57,822 | $124,187-53.4% | $108,410-46.7% | $167,518-65.5% |
| Participation rate | 50.0% | 82.3%-32.3pp | 80.1%-30.1pp | 82.1%-32.1pp |
| Annual return | 11.14% | 1379.80%-1368.7pp | 905.34%-894.2pp | 478.71%-467.6pp |
| Employer contribution / active EE | $0 | $4,187-100.0% | $3,558-100.0% | $4,838-100.0% |
| Participant deferral / active EE | $2,054 | $6,908-70.3% | $6,562-68.7% | $6,342-67.6% |
| Admin fee / account holder | $6,447 | $9,456-31.8% | $7,296-11.6% | $12,312-47.6% |