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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 | $71,297 | $79,209-10.0% | $102,434-30.4% | $74,459-4.2% |
| Participation rate | 53.8% | 74.8%-20.9pp | 76.5%-22.7pp | 67.2%-13.4pp |
| Annual return | 14.03% | 54.98%-41.0pp | 29.46%-15.4pp | 1369.70%-1355.7pp |
| Employer contribution / active EE | $1,033 | $2,362-56.3% | $3,023-65.8% | $2,626-60.7% |
| Participant deferral / active EE | $2,047 | $4,417-53.7% | $5,055-59.5% | $4,350-52.9% |
| Admin fee / account holder | $21,243 | $2,002+961.2% | $9,462+124.5% | $1,945+992.3% |