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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 | $70,213 | $160,059-56.1% | $140,019-49.9% | $135,380-48.1% |
| Participation rate | 60.0% | 88.5%-28.5pp | 87.5%-27.5pp | 82.6%-22.6pp |
| Annual return | -3.57% | 911.48%-915.0pp | 651.17%-654.7pp | 519.81%-523.4pp |
| Employer contribution / active EE | $0 | $6,420-100.0% | $5,605-100.0% | $4,779-100.0% |
| Participant deferral / active EE | $1,116 | $7,641-85.4% | $6,927-83.9% | $5,609-80.1% |
| Admin fee / account holder | $11,035 | $13,328-17.2% | $10,705+3.1% | $10,828+1.9% |