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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 | $58,109 | $73,839-21.3% | $143,788-59.6% | $68,495-15.2% |
| Participation rate | 20.3% | 66.7%-46.4pp | 80.3%-60.1pp | 67.9%-47.6pp |
| Annual return | -15.94% | 1.01%-17.0pp | -0.03%-15.9pp | -7.84%-8.1pp |
| Employer contribution / active EE | $0 | $3,184-100.0% | $4,952-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $755 | $3,384-77.7% | $5,638-86.6% | $4,028-81.3% |
| Admin fee / account holder | $6,827 | $5,755+18.6% | $14,675-53.5% | $5,403+26.3% |