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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 | $52,305 | $80,983-35.4% | $96,544-45.8% | $75,177-30.4% |
| Participation rate | 32.6% | 71.8%-39.2pp | 76.0%-43.4pp | 67.2%-34.6pp |
| Annual return | 15.63% | 27.05%-11.4pp | 25.88%-10.3pp | 160.75%-145.1pp |
| Employer contribution / active EE | $0 | $2,282-100.0% | $2,966-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $1,638 | $3,929-58.3% | $4,851-66.2% | $4,126-60.3% |
| Admin fee / account holder | $4,806 | $6,717-28.4% | $8,254-41.8% | $5,651-15.0% |