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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 | $39,259 | $72,177-45.6% | $115,038-65.9% | $59,633-34.2% |
| Participation rate | 51.2% | 72.6%-21.3pp | 81.4%-30.1pp | 68.7%-17.4pp |
| Annual return | -1.61% | 12.02%-13.6pp | 26.14%-27.8pp | 2041.45%-2043.1pp |
| Employer contribution / active EE | $0 | $2,841-100.0% | $4,608-100.0% | $2,203-100.0% |
| Participant deferral / active EE | $1,818 | $4,783-62.0% | $6,026-69.8% | $3,192-43.0% |
| Admin fee / account holder | $617 | $4,927-87.5% | $8,175-92.5% | $4,297-85.6% |