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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 | $25,364 | $45,872-44.7% | $77,096-67.1% | $68,486-63.0% |
| Participation rate | 18.2% | 55.9%-37.7pp | 67.9%-49.7pp | 67.9%-49.7pp |
| Annual return | -2.20% | 1.73%-3.9pp | 42.35%-44.5pp | -7.85%+5.7pp |
| Employer contribution / active EE | $280 | $1,650-83.0% | $2,814-90.1% | $2,597-89.2% |
| Participant deferral / active EE | $456 | $2,963-84.6% | $4,429-89.7% | $4,028-88.7% |
| Admin fee / account holder | $4,486 | $3,041+47.5% | $5,428-17.4% | $5,404-17.0% |