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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 | $41,363 | $52,279-20.9% | $89,414-53.7% | $79,852-48.2% |
| Participation rate | 17.8% | 57.5%-39.8pp | 68.0%-50.2pp | 69.6%-51.9pp |
| Annual return | 14.05% | 22.16%-8.1pp | 245.50%-231.4pp | 31.72%-17.7pp |
| Employer contribution / active EE | $437 | $1,572-72.2% | $2,586-83.1% | $2,471-82.3% |
| Participant deferral / active EE | $718 | $2,740-73.8% | $3,890-81.5% | $3,740-80.8% |
| Admin fee / account holder | $4,885 | $3,356+45.5% | $4,8830% | $5,306-7.9% |