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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 | $26,658 | $100,811-73.6% | $86,698-69.3% | $134,545-80.2% |
| Participation rate | 31.8% | 79.0%-47.1pp | 76.6%-44.8pp | 81.2%-49.4pp |
| Annual return | -0.12% | 29.11%-29.2pp | 35.96%-36.1pp | 418.37%-418.5pp |
| Employer contribution / active EE | $841 | $3,490-75.9% | $2,837-70.4% | $4,742-82.3% |
| Participant deferral / active EE | $1,609 | $5,339-69.9% | $4,656-65.5% | $6,401-74.9% |
| Admin fee / account holder | $1,685 | $10,926-84.6% | $7,492-77.5% | $11,431-85.3% |