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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 | $129,913 | $167,362-22.4% | $143,799-9.7% | $134,532-3.4% |
| Participation rate | 26.3% | 84.8%-58.5pp | 80.3%-54.0pp | 81.2%-54.9pp |
| Annual return | -12.32% | 0.47%-12.8pp | -0.04%-12.3pp | 418.27%-430.6pp |
| Employer contribution / active EE | $0 | $5,620-100.0% | $4,952-100.0% | $4,741-100.0% |
| Participant deferral / active EE | $1,214 | $6,447-81.2% | $5,638-78.5% | $6,401-81.0% |
| Admin fee / account holder | $61,359 | $18,094+239.1% | $14,677+318.1% | $11,429+436.9% |