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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 | $31,548 | $116,434-72.9% | $65,583-51.9% | $139,487-77.4% |
| Participation rate | 18.2% | 67.9%-49.7pp | 65.0%-46.8pp | 80.3%-62.2pp |
| Annual return | 14.88% | 31.34%-16.5pp | 47.46%-32.6pp | 373.84%-359.0pp |
| Employer contribution / active EE | $0 | $2,602-100.0% | $1,692-100.0% | $4,755-100.0% |
| Participant deferral / active EE | $397 | $4,245-90.7% | $2,833-86.0% | $6,713-94.1% |
| Admin fee / account holder | $3,125 | $6,696-53.3% | $4,112-24.0% | $11,407-72.6% |