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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 | $74,792 | $77,358-3.3% | $102,184-26.8% | $87,485-14.5% |
| Participation rate | 28.2% | 78.7%-50.5pp | 82.6%-54.4pp | 68.9%-40.7pp |
| Annual return | 16.36% | 41.11%-24.8pp | 31.58%-15.2pp | 26.06%-9.7pp |
| Employer contribution / active EE | $0 | $2,562-100.0% | $3,594-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $1,656 | $6,753-75.5% | $8,309-80.1% | $4,274-61.3% |
| Admin fee / account holder | $648 | $6,809-90.5% | $11,609-94.4% | $7,775-91.7% |