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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 | $41,233 | $58,311-29.3% | $81,882-49.6% | $80,959-49.1% |
| Participation rate | 19.5% | 63.5%-44.0pp | 72.4%-52.9pp | 67.7%-48.2pp |
| Annual return | 14.60% | 41.85%-27.2pp | 779.47%-764.9pp | 35.67%-21.1pp |
| Employer contribution / active EE | $2,341 | $2,347-0.2% | $2,916-19.7% | $2,757-15.1% |
| Participant deferral / active EE | $388 | $3,287-88.2% | $4,323-91.0% | $4,300-91.0% |
| Admin fee / account holder | $8,078 | $4,752+70.0% | $7,360+9.8% | $6,925+16.6% |