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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 | $23,314 | $82,674-71.8% | $125,363-81.4% | $68,495-66.0% |
| Participation rate | 57.9% | 75.0%-17.2pp | 82.4%-24.5pp | 67.9%-10.0pp |
| Annual return | -13.68% | -5.97%-7.7pp | 572.15%-585.8pp | -7.84%-5.8pp |
| Employer contribution / active EE | $1,808 | $3,382-46.5% | $4,815-62.4% | $2,596-30.4% |
| Participant deferral / active EE | $2,355 | $6,111-61.5% | $7,447-68.4% | $4,028-41.5% |
| Admin fee / account holder | $2,267 | $6,276-63.9% | $10,005-77.3% | $5,403-58.0% |