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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 | $65,864 | $49,471+33.1% | $79,583-17.2% | $66,949-1.6% |
| Participation rate | 22.6% | 61.4%-38.7pp | 69.5%-46.9pp | 69.8%-47.2pp |
| Annual return | -12.94% | 84.30%-97.2pp | 0.16%-13.1pp | 1.57%-14.5pp |
| Employer contribution / active EE | $0 | $1,266-100.0% | $2,414-100.0% | $2,545-100.0% |
| Participant deferral / active EE | $1,381 | $3,160-56.3% | $3,986-65.4% | $4,239-67.4% |
| Admin fee / account holder | $2,301 | $595+286.8% | $6,835-66.3% | $594+287.6% |