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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 | $57,171 | $76,696-25.5% | $96,538-40.8% | $71,529-20.1% |
| Participation rate | 20.9% | 66.6%-45.7pp | 74.3%-53.5pp | 67.9%-47.1pp |
| Annual return | 14.29% | 48.32%-34.0pp | 35.74%-21.5pp | 28.97%-14.7pp |
| Employer contribution / active EE | $0 | $3,032-100.0% | $3,740-100.0% | $2,590-100.0% |
| Participant deferral / active EE | $731 | $3,770-80.6% | $4,880-85.0% | $4,291-83.0% |
| Admin fee / account holder | $741 | $2,030-63.5% | $6,737-89.0% | $1,588-53.3% |