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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 | $46,015 | $64,176-28.3% | $112,263-59.0% | $66,949-31.3% |
| Participation rate | 28.2% | 68.4%-40.3pp | 75.1%-46.9pp | 69.8%-41.6pp |
| Annual return | -14.97% | -13.80%-1.2pp | 27.49%-42.5pp | 1.57%-16.5pp |
| Employer contribution / active EE | $0 | $3,007-100.0% | $3,636-100.0% | $2,545-100.0% |
| Participant deferral / active EE | $785 | $3,694-78.7% | $4,729-83.4% | $4,239-81.5% |
| Admin fee / account holder | $5,908 | $626+844.1% | $6,410-7.8% | $594+895.4% |