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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 | $27,504 | $68,868-60.1% | $183,328-85.0% | $67,986-59.5% |
| Participation rate | 7.6% | 57.0%-49.5pp | 77.3%-69.8pp | 57.2%-49.6pp |
| Annual return | 73.54% | 28.80%+44.7pp | 29.67%+43.9pp | 31.67%+41.9pp |
| Employer contribution / active EE | $0 | $2,917-100.0% | $5,055-100.0% | $2,019-100.0% |
| Participant deferral / active EE | $861 | $4,364-80.3% | $6,795-87.3% | $3,358-74.4% |
| Admin fee / account holder | $2,941 | $3,805-22.7% | $21,427-86.3% | $3,203-8.2% |