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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 | $38,903 | $58,600-33.6% | $83,327-53.3% | $64,173-39.4% |
| Participation rate | 47.3% | 72.0%-24.7pp | 77.8%-30.5pp | 69.6%-22.3pp |
| Annual return | -6.95% | 9.66%-16.6pp | 10.64%-17.6pp | 7.63%-14.6pp |
| Employer contribution / active EE | $0 | $2,098-100.0% | $3,379-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $597 | $4,656-87.2% | $5,565-89.3% | $3,470-82.8% |
| Admin fee / account holder | $1,149 | $9,282-87.6% | $7,540-84.8% | $4,887-76.5% |