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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 | $24,513 | $62,583-60.8% | $76,767-68.1% | $64,173-61.8% |
| Participation rate | 43.8% | 72.8%-29.1pp | 77.0%-33.2pp | 69.6%-25.8pp |
| Annual return | -2.04% | -1.95%-0.1pp | 2.43%-4.5pp | 7.63%-9.7pp |
| Employer contribution / active EE | $625 | $1,832-65.9% | $2,485-74.9% | $2,381-73.8% |
| Participant deferral / active EE | $1,116 | $3,145-64.5% | $3,852-71.0% | $3,470-67.8% |
| Admin fee / account holder | $2,034 | $4,667-56.4% | $6,675-69.5% | $4,887-58.4% |