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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 | $78,520-4.7% | $96,576-22.6% | $82,448-9.3% |
| Participation rate | 28.2% | 77.7%-49.5pp | 81.4%-53.2pp | 68.1%-39.9pp |
| Annual return | 16.36% | 41.30%-24.9pp | 38.47%-22.1pp | 41.64%-25.3pp |
| Employer contribution / active EE | $0 | $2,630-100.0% | $3,553-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $1,656 | $6,754-75.5% | $7,956-79.2% | $4,139-60.0% |
| Admin fee / account holder | $648 | $13,455-95.2% | $11,381-94.3% | $7,234-91.0% |