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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 | $26,593 | $100,139-73.4% | $85,187-68.8% | $145,884-81.8% |
| Participation rate | 38.5% | 74.1%-35.6pp | 67.5%-29.1pp | 80.3%-41.8pp |
| Annual return | 10.07% | 84.15%-74.1pp | 66.67%-56.6pp | 551.85%-541.8pp |
| Employer contribution / active EE | $0 | $3,238-100.0% | $2,732-100.0% | $4,662-100.0% |
| Participant deferral / active EE | $832 | $5,296-84.3% | $4,525-81.6% | $6,690-87.6% |
| Admin fee / account holder | $369 | $7,262-94.9% | $6,162-94.0% | $13,392-97.2% |