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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 | $66,502 | $78,423-15.2% | $95,964-30.7% | $79,856-16.7% |
| Participation rate | 55.0% | 73.5%-18.5pp | 77.1%-22.1pp | 69.6%-14.6pp |
| Annual return | 12.99% | 19.37%-6.4pp | 91.64%-78.7pp | 31.71%-18.7pp |
| Employer contribution / active EE | $0 | $1,945-100.0% | $2,541-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $843 | $3,440-75.5% | $4,167-79.8% | $3,741-77.5% |
| Admin fee / account holder | $5,421 | $5,622-3.6% | $6,797-20.2% | $5,306+2.2% |