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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 | $115,747 | $142,409-18.7% | $119,634-3.2% | $134,545-14.0% |
| Participation rate | 42.9% | 82.8%-40.0pp | 79.3%-36.4pp | 81.2%-38.4pp |
| Annual return | -11.99% | -12.46%+0.5pp | -14.98%+3.0pp | 418.37%-430.4pp |
| Employer contribution / active EE | $0 | $5,224-100.0% | $4,232-100.0% | $4,742-100.0% |
| Participant deferral / active EE | $1,013 | $6,468-84.3% | $5,601-81.9% | $6,401-84.2% |
| Admin fee / account holder | $10,222 | $13,594-24.8% | $10,329-1.0% | $11,431-10.6% |