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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 | $27,480 | $59,448-53.8% | $93,696-70.7% | $74,459-63.1% |
| Participation rate | 30.2% | 59.6%-29.4pp | 68.7%-38.5pp | 67.2%-37.0pp |
| Annual return | 21.84% | 82.11%-60.3pp | 133.74%-111.9pp | 1369.70%-1347.9pp |
| Employer contribution / active EE | $502 | $1,266-60.4% | $2,422-79.3% | $2,626-80.9% |
| Participant deferral / active EE | $1,317 | $3,052-56.8% | $4,417-70.2% | $4,350-69.7% |
| Admin fee / account holder | $1,030 | $3,027-66.0% | $8,287-87.6% | $1,945-47.0% |