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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 | $31,693 | $71,215-55.5% | $93,696-66.2% | $80,935-60.8% |
| Participation rate | 31.4% | 60.4%-29.0pp | 68.7%-37.3pp | 67.7%-36.2pp |
| Annual return | 11.19% | 11.27%-0.1pp | 133.74%-122.6pp | 35.66%-24.5pp |
| Employer contribution / active EE | $0 | $1,565-100.0% | $2,422-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $1,133 | $4,037-71.9% | $4,417-74.3% | $4,299-73.6% |
| Admin fee / account holder | $4,238 | $6,958-39.1% | $8,287-48.9% | $6,924-38.8% |