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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 | $90,194 | $154,209-41.5% | $130,062-30.7% | $139,487-35.3% |
| Participation rate | 42.9% | 82.0%-39.1pp | 78.5%-35.6pp | 80.3%-37.5pp |
| Annual return | 12.49% | 32.52%-20.0pp | -137.37%+149.9pp | 373.84%-361.4pp |
| Employer contribution / active EE | $0 | $5,292-100.0% | $4,322-100.0% | $4,755-100.0% |
| Participant deferral / active EE | $1,014 | $6,709-84.9% | $5,821-82.6% | $6,713-84.9% |
| Admin fee / account holder | $69,214 | $13,988+394.8% | $10,601+552.9% | $11,407+506.8% |