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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 | $46,763 | $105,160-55.5% | $94,679-50.6% | $139,456-66.5% |
| Participation rate | 50.0% | 82.4%-32.4pp | 80.8%-30.8pp | 80.3%-30.3pp |
| Annual return | 19.86% | 38.04%-18.2pp | 156.75%-136.9pp | 373.45%-353.6pp |
| Employer contribution / active EE | $0 | $4,107-100.0% | $3,673-100.0% | $4,753-100.0% |
| Participant deferral / active EE | $580 | $7,599-92.4% | $7,417-92.2% | $6,711-91.4% |
| Admin fee / account holder | $463 | $8,988-94.8% | $7,233-93.6% | $11,407-95.9% |