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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 | $29,272 | $69,012-57.6% | $160,009-81.7% | $68,486-57.3% |
| Participation rate | 33.0% | 65.4%-32.5pp | 78.0%-45.0pp | 67.9%-34.9pp |
| Annual return | -17.38% | -9.65%-7.7pp | 408.85%-426.2pp | -7.85%-9.5pp |
| Employer contribution / active EE | $2,433 | $2,212+10.0% | $4,225-42.4% | $2,597-6.3% |
| Participant deferral / active EE | $560 | $4,212-86.7% | $6,183-90.9% | $4,028-86.1% |
| Admin fee / account holder | $5,007 | $4,798+4.4% | $8,715-42.5% | $5,404-7.3% |