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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 | $42,156 | $71,878-41.4% | $86,698-51.4% | $68,486-38.4% |
| Participation rate | 42.3% | 72.2%-29.9pp | 76.6%-34.3pp | 67.9%-25.6pp |
| Annual return | -16.31% | 3.53%-19.8pp | 35.95%-52.3pp | -7.85%-8.5pp |
| Employer contribution / active EE | $1,009 | $2,173-53.6% | $2,837-64.4% | $2,597-61.1% |
| Participant deferral / active EE | $1,731 | $3,779-54.2% | $4,656-62.8% | $4,028-57.0% |
| Admin fee / account holder | $3,686 | $6,113-39.7% | $7,493-50.8% | $5,404-31.8% |