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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 | $72,941 | $99,994-27.1% | $146,643-50.3% | $85,847-15.0% |
| Participation rate | 53.3% | 73.1%-19.7pp | 80.1%-26.7pp | 69.3%-16.0pp |
| Annual return | 16.13% | 18.93%-2.8pp | 22.75%-6.6pp | 318.61%-302.5pp |
| Employer contribution / active EE | $0 | $2,559-100.0% | $4,137-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $1,158 | $4,006-71.1% | $5,506-79.0% | $3,952-70.7% |
| Admin fee / account holder | $19,520 | $7,703+153.4% | $10,280+89.9% | $6,261+211.8% |