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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 | $43,469 | $115,814-62.5% | $101,275-57.1% | $158,982-72.7% |
| Participation rate | 38.5% | 79.4%-40.9pp | 75.8%-37.3pp | 82.0%-43.5pp |
| Annual return | 11.55% | 56.16%-44.6pp | 46.48%-34.9pp | 302.99%-291.4pp |
| Employer contribution / active EE | $1,923 | $4,176-53.9% | $3,660-47.5% | $4,763-59.6% |
| Participant deferral / active EE | $0 | $4,958-100.0% | $4,371-100.0% | $5,983-100.0% |
| Admin fee / account holder | $40,904 | $7,249+464.3% | $5,948+587.7% | $11,252+263.5% |