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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 | $24,329 | $167,353-85.5% | $143,797-83.1% | $134,545-81.9% |
| Participation rate | 47.8% | 84.8%-37.0pp | 80.3%-32.5pp | 81.2%-33.4pp |
| Annual return | -16.22% | 0.48%-16.7pp | -0.04%-16.2pp | 418.37%-434.6pp |
| Employer contribution / active EE | $0 | $5,620-100.0% | $4,952-100.0% | $4,742-100.0% |
| Participant deferral / active EE | $1,997 | $6,447-69.0% | $5,638-64.6% | $6,401-68.8% |
| Admin fee / account holder | $7,264 | $18,096-59.9% | $14,679-50.5% | $11,431-36.5% |