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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 | $40,232 | $59,819-32.7% | $79,583-49.4% | $68,490-41.3% |
| Participation rate | 28.6% | 61.1%-32.5pp | 69.5%-40.9pp | 67.9%-39.3pp |
| Annual return | -11.45% | -12.30%+0.8pp | 0.16%-11.6pp | -7.85%-3.6pp |
| Employer contribution / active EE | $0 | $1,505-100.0% | $2,414-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $1,215 | $3,025-59.8% | $3,986-69.5% | $4,028-69.8% |
| Admin fee / account holder | $3,310 | $4,835-31.5% | $6,835-51.6% | $5,403-38.7% |