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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 | $45,271 | $71,872-37.0% | $86,691-47.8% | $68,495-33.9% |
| Participation rate | 36.4% | 72.2%-35.9pp | 76.6%-40.2pp | 67.9%-31.5pp |
| Annual return | -15.79% | 3.53%-19.3pp | 35.94%-51.7pp | -7.84%-8.0pp |
| Employer contribution / active EE | $695 | $2,173-68.0% | $2,837-75.5% | $2,596-73.2% |
| Participant deferral / active EE | $1,300 | $3,779-65.6% | $4,656-72.1% | $4,028-67.7% |
| Admin fee / account holder | $8,245 | $6,112+34.9% | $7,492+10.0% | $5,403+52.6% |