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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 | $40,304 | $71,878-43.9% | $86,698-53.5% | $68,486-41.1% |
| Participation rate | 31.7% | 72.2%-40.5pp | 76.6%-44.9pp | 67.9%-36.2pp |
| Annual return | -17.98% | 3.53%-21.5pp | 35.95%-53.9pp | -7.85%-10.1pp |
| Employer contribution / active EE | $0 | $2,173-100.0% | $2,837-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $918 | $3,779-75.7% | $4,656-80.3% | $4,028-77.2% |
| Admin fee / account holder | $674 | $6,113-89.0% | $7,493-91.0% | $5,404-87.5% |