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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 | $49,081 | $80,992-39.4% | $96,534-49.2% | $75,173-34.7% |
| Participation rate | 30.5% | 71.8%-41.3pp | 76.0%-45.5pp | 67.2%-36.7pp |
| Annual return | 15.85% | 27.05%-11.2pp | 25.88%-10.0pp | 160.72%-144.9pp |
| Employer contribution / active EE | $0 | $2,283-100.0% | $2,965-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $963 | $3,929-75.5% | $4,851-80.2% | $4,126-76.7% |
| Admin fee / account holder | $2,661 | $6,717-60.4% | $8,253-67.8% | $5,651-52.9% |