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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 | $24,990 | $107,666-76.8% | $102,184-75.5% | $154,746-83.9% |
| Participation rate | 36.4% | 83.7%-47.4pp | 82.6%-46.2pp | 80.7%-44.3pp |
| Annual return | 17.68% | 29.33%-11.7pp | 31.58%-13.9pp | 172.34%-154.7pp |
| Employer contribution / active EE | $0 | $3,846-100.0% | $3,594-100.0% | $4,379-100.0% |
| Participant deferral / active EE | $2,527 | $8,719-71.0% | $8,309-69.6% | $6,730-62.5% |
| Admin fee / account holder | $3,854 | $12,943-70.2% | $11,609-66.8% | $14,365-73.2% |