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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 | $119,953 | $176,794-32.2% | $146,647-18.2% | $167,553-28.4% |
| Participation rate | 40.0% | 83.6%-43.6pp | 80.1%-40.1pp | 82.1%-42.1pp |
| Annual return | 14.30% | 24.04%-9.7pp | 22.75%-8.4pp | 478.89%-464.6pp |
| Employer contribution / active EE | $0 | $5,161-100.0% | $4,137-100.0% | $4,840-100.0% |
| Participant deferral / active EE | $1,357 | $6,440-78.9% | $5,506-75.4% | $6,343-78.6% |
| Admin fee / account holder | $1,541 | $13,262-88.4% | $10,281-85.0% | $12,316-87.5% |