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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 | $169,129 | $73,019+131.6% | $90,766+86.3% | $68,490+146.9% |
| Participation rate | 50.0% | 70.8%-20.8pp | 75.7%-25.7pp | 67.9%-17.9pp |
| Annual return | 3.97% | -13.81%+17.8pp | -12.16%+16.1pp | -7.85%+11.8pp |
| Employer contribution / active EE | $0 | $2,193-100.0% | $2,922-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $1,298 | $3,626-64.2% | $4,565-71.6% | $4,028-67.8% |
| Admin fee / account holder | $1,289 | $5,897-78.1% | $8,446-84.7% | $5,403-76.1% |