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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 | $50,630 | $64,359-21.3% | $90,161-43.8% | $70,126-27.8% |
| Participation rate | 22.9% | 70.4%-47.6pp | 76.9%-54.0pp | 69.5%-46.7pp |
| Annual return | 16.71% | 28.13%-11.4pp | 34.89%-18.2pp | 73.15%-56.4pp |
| Employer contribution / active EE | $0 | $2,046-100.0% | $3,318-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $361 | $4,389-91.8% | $5,287-93.2% | $3,332-89.2% |
| Admin fee / account holder | $7,544 | $3,945+91.2% | $5,943+26.9% | $4,645+62.4% |