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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 | $25,765 | $84,236-69.4% | $170,439-84.9% | $70,124-63.3% |
| Participation rate | 24.1% | 70.8%-46.7pp | 83.6%-59.5pp | 69.5%-45.4pp |
| Annual return | 14.91% | 23.06%-8.1pp | 205.94%-191.0pp | 73.14%-58.2pp |
| Employer contribution / active EE | $0 | $3,387-100.0% | $5,433-100.0% | $2,342-100.0% |
| Participant deferral / active EE | $570 | $3,086-81.5% | $4,939-88.5% | $3,332-82.9% |
| Admin fee / account holder | $2,743 | $5,698-51.9% | $13,881-80.2% | $4,645-41.0% |