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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 | $60,297 | $53,165+13.4% | $86,209-30.1% | $74,440-19.0% |
| Participation rate | 21.9% | 64.9%-43.0pp | 69.0%-47.1pp | 70.7%-48.9pp |
| Annual return | 22.34% | 22.64%-0.3pp | 1169.05%-1146.7pp | 34.37%-12.0pp |
| Employer contribution / active EE | $397 | $1,210-67.2% | $2,381-83.3% | $2,638-85.0% |
| Participant deferral / active EE | $799 | $3,234-75.3% | $3,986-80.0% | $4,529-82.4% |
| Admin fee / account holder | $12,619 | $551+2188.5% | $6,853+84.1% | $348+3527.8% |