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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 | $65,726 | $166,089-60.4% | $164,928-60.1% | $145,978-55.0% |
| Participation rate | 25.0% | 82.0%-57.0pp | 78.6%-53.6pp | 80.3%-55.3pp |
| Annual return | 13.30% | 100.26%-87.0pp | 70.08%-56.8pp | 550.52%-537.2pp |
| Employer contribution / active EE | $0 | $5,276-100.0% | $4,343-100.0% | $4,662-100.0% |
| Participant deferral / active EE | $1,997 | $6,961-71.3% | $6,034-66.9% | $6,690-70.1% |
| Admin fee / account holder | $1,061 | $16,641-93.6% | $12,684-91.6% | $13,400-92.1% |