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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 | $154,620 | $167,353-7.6% | $143,797+7.5% | $134,545+14.9% |
| Participation rate | 57.1% | 84.8%-27.7pp | 80.3%-23.2pp | 81.2%-24.1pp |
| Annual return | -16.76% | 0.48%-17.2pp | -0.04%-16.7pp | 418.37%-435.1pp |
| Employer contribution / active EE | $2,279 | $5,620-59.4% | $4,952-54.0% | $4,742-51.9% |
| Participant deferral / active EE | $192 | $6,447-97.0% | $5,638-96.6% | $6,401-97.0% |
| Admin fee / account holder | $638 | $18,096-96.5% | $14,679-95.7% | $11,431-94.4% |