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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 | $25,559 | $52,911-51.7% | $73,309-65.1% | $59,633-57.1% |
| Participation rate | 61.0% | 68.2%-7.2pp | 74.9%-13.9pp | 68.7%-7.6pp |
| Annual return | -0.35% | 12.20%-12.6pp | 5.67%-6.0pp | 2041.45%-2041.8pp |
| Employer contribution / active EE | $0 | $1,909-100.0% | $3,237-100.0% | $2,203-100.0% |
| Participant deferral / active EE | $672 | $4,069-83.5% | $4,991-86.5% | $3,192-79.0% |
| Admin fee / account holder | $2,255 | $3,835-41.2% | $5,635-60.0% | $4,297-47.5% |