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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 | $20,795 | $125,237-83.4% | $105,608-80.3% | $145,877-85.7% |
| Participation rate | 23.5% | 77.7%-54.1pp | 75.3%-51.8pp | 80.3%-56.8pp |
| Annual return | 10.06% | 225.76%-215.7pp | 116.50%-106.4pp | 551.28%-541.2pp |
| Employer contribution / active EE | $0 | $3,720-100.0% | $3,167-100.0% | $4,663-100.0% |
| Participant deferral / active EE | $905 | $5,711-84.2% | $5,010-81.9% | $6,691-86.5% |
| Admin fee / account holder | $9,995 | $17,287-42.2% | $11,028-9.4% | $13,402-25.4% |