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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 | $46,924 | $78,423-40.2% | $95,964-51.1% | $79,856-41.2% |
| Participation rate | 32.4% | 73.5%-41.1pp | 77.1%-44.7pp | 69.6%-37.2pp |
| Annual return | 13.71% | 19.37%-5.7pp | 91.64%-77.9pp | 31.71%-18.0pp |
| Employer contribution / active EE | $0 | $1,945-100.0% | $2,541-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $1,100 | $3,440-68.0% | $4,167-73.6% | $3,741-70.6% |
| Admin fee / account holder | $2,076 | $5,622-63.1% | $6,797-69.5% | $5,306-60.9% |