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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 | $44,647 | $23,330+91.4% | $64,489-30.8% | $82,448-45.8% |
| Participation rate | 20.8% | 68.3%-47.5pp | 67.7%-46.9pp | 68.1%-47.3pp |
| Annual return | 16.95% | 83.66%-66.7pp | 55.03%-38.1pp | 41.64%-24.7pp |
| Employer contribution / active EE | $291 | $824-64.7% | $1,523-80.9% | $2,551-88.6% |
| Participant deferral / active EE | $494 | $1,707-71.1% | $2,778-82.2% | $4,139-88.1% |
| Admin fee / account holder | $2,263 | $2,946-23.2% | $4,260-46.9% | $7,234-68.7% |