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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 | $15,977 | $49,280-67.6% | $67,313-76.3% | $64,173-75.1% |
| Participation rate | 55.6% | 60.8%-5.2pp | 69.1%-13.5pp | 69.6%-14.0pp |
| Annual return | 2.33% | -1.39%+3.7pp | -4.08%+6.4pp | 7.63%-5.3pp |
| Employer contribution / active EE | $0 | $1,668-100.0% | $2,566-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $389 | $2,484-84.3% | $3,568-89.1% | $3,470-88.8% |
| Admin fee / account holder | $5,543 | $3,863+43.5% | $4,507+23.0% | $4,887+13.4% |