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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 | $44,287 | $66,813-33.7% | $100,535-55.9% | $73,497-39.7% |
| Participation rate | 31.6% | 77.5%-45.9pp | 79.4%-47.8pp | 70.7%-39.1pp |
| Annual return | 20.18% | 25.70%-5.5pp | 30.90%-10.7pp | 28.51%-8.3pp |
| Employer contribution / active EE | $0 | $2,147-100.0% | $3,419-100.0% | $2,270-100.0% |
| Participant deferral / active EE | $493 | $5,883-91.6% | $6,271-92.1% | $3,740-86.8% |
| Admin fee / account holder | $7,456 | $512+1356.1% | $8,085-7.8% | $513+1353.3% |