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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 | $47,054 | $71,878-34.5% | $86,698-45.7% | $68,486-31.3% |
| Participation rate | 42.6% | 72.2%-29.7pp | 76.6%-34.0pp | 67.9%-25.3pp |
| Annual return | -8.33% | 3.53%-11.9pp | 35.95%-44.3pp | -7.85%-0.5pp |
| Employer contribution / active EE | $0 | $2,173-100.0% | $2,837-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $571 | $3,779-84.9% | $4,656-87.7% | $4,028-85.8% |
| Admin fee / account holder | $31,250 | $6,113+411.2% | $7,493+317.1% | $5,404+478.3% |