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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 | $40,948 | $59,116-30.7% | $86,438-52.6% | $68,486-40.2% |
| Participation rate | 57.7% | 75.2%-17.5pp | 80.3%-22.6pp | 67.9%-10.2pp |
| Annual return | -16.94% | -0.23%-16.7pp | 4397.19%-4414.1pp | -7.85%-9.1pp |
| Employer contribution / active EE | $1,195 | $2,519-52.5% | $3,769-68.3% | $2,597-54.0% |
| Participant deferral / active EE | $1,595 | $5,902-73.0% | $6,952-77.1% | $4,028-60.4% |
| Admin fee / account holder | $1,336 | $5,639-76.3% | $6,733-80.2% | $5,404-75.3% |