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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 | $53,233 | $77,817-31.6% | $123,553-56.9% | $64,173-17.0% |
| Participation rate | 23.3% | 74.7%-51.4pp | 82.3%-59.0pp | 69.6%-46.3pp |
| Annual return | -6.25% | 12.49%-18.7pp | 119.21%-125.5pp | 7.63%-13.9pp |
| Employer contribution / active EE | $0 | $3,014-100.0% | $4,628-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $1,577 | $5,240-69.9% | $6,426-75.5% | $3,470-54.5% |
| Admin fee / account holder | $2,121 | $5,519-61.6% | $9,284-77.2% | $4,887-56.6% |