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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 | $58,525 | $91,179-35.8% | $178,499-67.2% | $79,852-26.7% |
| Participation rate | 22.5% | 69.2%-46.7pp | 81.9%-59.4pp | 69.6%-47.1pp |
| Annual return | 16.08% | 24.19%-8.1pp | 151.10%-135.0pp | 31.72%-15.6pp |
| Employer contribution / active EE | $0 | $3,256-100.0% | $5,011-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $624 | $3,236-80.7% | $5,202-88.0% | $3,740-83.3% |
| Admin fee / account holder | $5,611 | $6,749-16.8% | $13,986-59.9% | $5,306+5.8% |