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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 | $48,278 | $58,600-17.6% | $83,327-42.1% | $64,173-24.8% |
| Participation rate | 24.2% | 72.0%-47.8pp | 77.8%-53.5pp | 69.6%-45.3pp |
| Annual return | -7.69% | 9.66%-17.3pp | 10.64%-18.3pp | 7.63%-15.3pp |
| Employer contribution / active EE | $0 | $2,098-100.0% | $3,379-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $485 | $4,656-89.6% | $5,565-91.3% | $3,470-86.0% |
| Admin fee / account holder | $3,287 | $9,282-64.6% | $7,540-56.4% | $4,887-32.7% |