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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 | $25,142 | $62,589-59.8% | $76,768-67.2% | $64,173-60.8% |
| Participation rate | 31.7% | 72.8%-41.1pp | 77.0%-45.3pp | 69.6%-37.9pp |
| Annual return | -6.89% | -1.95%-4.9pp | 2.43%-9.3pp | 7.63%-14.5pp |
| Employer contribution / active EE | $737 | $1,832-59.8% | $2,485-70.4% | $2,381-69.1% |
| Participant deferral / active EE | $1,288 | $3,145-59.1% | $3,852-66.6% | $3,470-62.9% |
| Admin fee / account holder | $1,055 | $4,667-77.4% | $6,675-84.2% | $4,887-78.4% |