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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 | $38,394 | $65,027-41.0% | $90,970-57.8% | $79,852-51.9% |
| Participation rate | 13.2% | 61.6%-48.5pp | 69.0%-55.9pp | 69.6%-56.5pp |
| Annual return | 17.98% | 30.45%-12.5pp | 134.58%-116.6pp | 31.72%-13.7pp |
| Employer contribution / active EE | $305 | $1,247-75.5% | $2,122-85.6% | $2,471-87.6% |
| Participant deferral / active EE | $681 | $2,512-72.9% | $3,373-79.8% | $3,740-81.8% |
| Admin fee / account holder | $1,311 | $4,535-71.1% | $5,960-78.0% | $5,306-75.3% |