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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 | $25,912 | $110,307-76.5% | $96,576-73.2% | $139,456-81.4% |
| Participation rate | 47.8% | 78.1%-30.3pp | 76.0%-28.2pp | 80.3%-32.5pp |
| Annual return | 12.53% | 26.40%-13.9pp | 25.87%-13.3pp | 373.45%-360.9pp |
| Employer contribution / active EE | $0 | $3,619-100.0% | $2,965-100.0% | $4,753-100.0% |
| Participant deferral / active EE | $722 | $5,547-87.0% | $4,851-85.1% | $6,711-89.2% |
| Admin fee / account holder | $432 | $11,597-96.3% | $8,253-94.8% | $11,407-96.2% |