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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 | $63,164 | $68,398-7.7% | $94,664-33.3% | $75,173-16.0% |
| Participation rate | 21.6% | 76.1%-54.5pp | 80.8%-59.2pp | 67.2%-45.6pp |
| Annual return | 20.82% | 616.72%-595.9pp | 156.84%-136.0pp | 160.72%-139.9pp |
| Employer contribution / active EE | $0 | $2,701-100.0% | $3,673-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $792 | $6,537-87.9% | $7,417-89.3% | $4,126-80.8% |
| Admin fee / account holder | $12,254 | $5,324+130.1% | $7,222+69.7% | $5,651+116.9% |