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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 | $77,204 | $71,878+7.4% | $86,698-11.0% | $68,486+12.7% |
| Participation rate | 30.5% | 72.2%-41.7pp | 76.6%-46.1pp | 67.9%-37.4pp |
| Annual return | -10.16% | 3.53%-13.7pp | 35.95%-46.1pp | -7.85%-2.3pp |
| Employer contribution / active EE | $0 | $2,173-100.0% | $2,837-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $649 | $3,779-82.8% | $4,656-86.1% | $4,028-83.9% |
| Admin fee / account holder | $3,117 | $6,113-49.0% | $7,493-58.4% | $5,404-42.3% |