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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 | $44,706 | $63,365-29.4% | $91,994-51.4% | $72,975-38.7% |
| Participation rate | 39.6% | 72.5%-32.9pp | 78.6%-39.1pp | 69.5%-29.9pp |
| Annual return | 19.60% | 35.35%-15.7pp | 69.04%-49.4pp | 81.01%-61.4pp |
| Employer contribution / active EE | $0 | $2,116-100.0% | $3,453-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $451 | $4,883-90.8% | $5,924-92.4% | $3,608-87.5% |
| Admin fee / account holder | $670 | $4,670-85.7% | $7,744-91.4% | $5,124-86.9% |