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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 | $65,009 | $77,460-16.1% | $100,378-35.2% | $80,925-19.7% |
| Participation rate | 26.3% | 76.9%-50.6pp | 81.5%-55.2pp | 67.7%-41.3pp |
| Annual return | 17.27% | 37.24%-20.0pp | 49.41%-32.1pp | 35.65%-18.4pp |
| Employer contribution / active EE | $0 | $2,801-100.0% | $3,942-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $1,088 | $6,818-84.0% | $8,087-86.5% | $4,299-74.7% |
| Admin fee / account holder | $713 | $5,887-87.9% | $7,899-91.0% | $6,940-89.7% |