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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 | $24,308 | $59,111-58.9% | $86,451-71.9% | $68,490-64.5% |
| Participation rate | 59.5% | 75.2%-15.7pp | 80.3%-20.8pp | 67.9%-8.4pp |
| Annual return | -18.35% | -0.22%-18.1pp | 4398.51%-4416.9pp | -7.85%-10.5pp |
| Employer contribution / active EE | $0 | $2,519-100.0% | $3,770-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $2,145 | $5,900-63.6% | $6,953-69.2% | $4,028-46.7% |
| Admin fee / account holder | $6,480 | $5,640+14.9% | $6,734-3.8% | $5,403+19.9% |