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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 | $28,590 | $124,346-77.0% | $111,308-74.3% | $167,536-82.9% |
| Participation rate | 52.2% | 79.6%-27.5pp | 77.3%-25.1pp | 82.1%-29.9pp |
| Annual return | 9.87% | 37.45%-27.6pp | 54.67%-44.8pp | 478.82%-468.9pp |
| Employer contribution / active EE | $0 | $3,437-100.0% | $2,732-100.0% | $4,839-100.0% |
| Participant deferral / active EE | $1,607 | $5,182-69.0% | $4,487-64.2% | $6,342-74.7% |
| Admin fee / account holder | $22,257 | $10,621+109.5% | $7,965+179.4% | $12,315+80.7% |