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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 | $66,496 | $105,284-36.8% | $150,734-55.9% | $94,015-29.3% |
| Participation rate | 32.1% | 71.7%-39.6pp | 78.4%-46.3pp | 70.8%-38.7pp |
| Annual return | 11.41% | 15.67%-4.3pp | 600.81%-589.4pp | 17.84%-6.4pp |
| Employer contribution / active EE | $0 | $3,599-100.0% | $4,918-100.0% | $2,790-100.0% |
| Participant deferral / active EE | $1,811 | $4,274-57.6% | $5,610-67.7% | $4,249-57.4% |
| Admin fee / account holder | $529 | $9,839-94.6% | $14,905-96.5% | $8,951-94.1% |