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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 | $108,882-56.4% | $96,754-51.0% | $154,746-69.4% |
| Participation rate | 22.2% | 75.1%-52.9pp | 70.3%-48.1pp | 80.7%-58.5pp |
| Annual return | 12.56% | 98.39%-85.8pp | 82.04%-69.5pp | 172.34%-159.8pp |
| Employer contribution / active EE | $0 | $3,018-100.0% | $2,679-100.0% | $4,379-100.0% |
| Participant deferral / active EE | $366 | $5,323-93.1% | $4,758-92.3% | $6,730-94.6% |
| Admin fee / account holder | $11,242 | $10,200+10.2% | $8,905+26.3% | $14,365-21.7% |