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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 | $38,071 | $59,116-35.6% | $86,438-56.0% | $68,486-44.4% |
| Participation rate | 38.8% | 75.2%-36.5pp | 80.3%-41.6pp | 67.9%-29.1pp |
| Annual return | -17.95% | -0.23%-17.7pp | 4397.19%-4415.1pp | -7.85%-10.1pp |
| Employer contribution / active EE | $886 | $2,519-64.8% | $3,769-76.5% | $2,597-65.9% |
| Participant deferral / active EE | $1,483 | $5,902-74.9% | $6,952-78.7% | $4,028-63.2% |
| Admin fee / account holder | $1,527 | $5,639-72.9% | $6,733-77.3% | $5,404-71.7% |