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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 | $84,339 | $129,960-35.1% | $104,299-19.1% | $134,545-37.3% |
| Participation rate | 47.8% | 79.5%-31.7pp | 73.3%-25.4pp | 81.2%-33.4pp |
| Annual return | -18.79% | 42.06%-60.8pp | 24.62%-43.4pp | 418.37%-437.2pp |
| Employer contribution / active EE | $1,157 | $4,186-72.4% | $3,373-65.7% | $4,742-75.6% |
| Participant deferral / active EE | $1,208 | $5,589-78.4% | $4,626-73.9% | $6,401-81.1% |
| Admin fee / account holder | $14,834 | $9,324+59.1% | $7,339+102.1% | $11,431+29.8% |