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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 | $84,658 | $59,220+43.0% | $96,572-12.3% | $79,389+6.6% |
| Participation rate | 17.5% | 61.9%-44.4pp | 69.8%-52.3pp | 70.7%-53.2pp |
| Annual return | 13.11% | 27.08%-14.0pp | 37.79%-24.7pp | 116.89%-103.8pp |
| Employer contribution / active EE | $0 | $1,216-100.0% | $2,357-100.0% | $2,428-100.0% |
| Participant deferral / active EE | $1,159 | $2,948-60.7% | $3,850-69.9% | $4,046-71.4% |
| Admin fee / account holder | $1,282 | $659+94.6% | $6,183-79.3% | $626+104.6% |