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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 | $47,419 | $97,125-51.2% | $86,233-45.0% | $137,256-65.5% |
| Participation rate | 22.2% | 74.2%-52.0pp | 69.0%-46.8pp | 80.0%-57.7pp |
| Annual return | 12.56% | 74.19%-61.6pp | 61.39%-48.8pp | 220.34%-207.8pp |
| Employer contribution / active EE | $0 | $2,841-100.0% | $2,504-100.0% | $4,156-100.0% |
| Participant deferral / active EE | $366 | $5,180-92.9% | $4,559-92.0% | $6,407-94.3% |
| Admin fee / account holder | $11,242 | $9,725+15.6% | $8,342+34.8% | $12,270-8.4% |