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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 | $58,054 | $167,533-65.3% | $151,645-61.7% | $134,545-56.9% |
| Participation rate | 25.0% | 88.4%-63.4pp | 87.5%-62.5pp | 81.2%-56.2pp |
| Annual return | -12.60% | 7.81%-20.4pp | 3.34%-15.9pp | 418.37%-431.0pp |
| Employer contribution / active EE | $2,086 | $6,828-69.4% | $6,165-66.2% | $4,742-56.0% |
| Participant deferral / active EE | $669 | $8,985-92.6% | $8,363-92.0% | $6,401-89.5% |
| Admin fee / account holder | $12,047 | $13,781-12.6% | $11,614+3.7% | $11,431+5.4% |