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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 | $44,317 | $53,128-16.6% | $86,581-48.8% | $70,124-36.8% |
| Participation rate | 15.0% | 65.3%-50.3pp | 73.5%-58.5pp | 69.5%-54.5pp |
| Annual return | 19.13% | 27.66%-8.5pp | 965.06%-945.9pp | 73.14%-54.0pp |
| Employer contribution / active EE | $432 | $2,068-79.1% | $2,840-84.8% | $2,342-81.5% |
| Participant deferral / active EE | $303 | $2,695-88.8% | $3,609-91.6% | $3,332-90.9% |
| Admin fee / account holder | $3,942 | $3,584+10.0% | $4,904-19.6% | $4,645-15.1% |