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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 | $48,027 | $59,819-19.7% | $79,583-39.7% | $68,490-29.9% |
| Participation rate | 10.8% | 61.1%-50.3pp | 69.5%-58.7pp | 67.9%-57.1pp |
| Annual return | -16.58% | -12.30%-4.3pp | 0.16%-16.7pp | -7.85%-8.7pp |
| Employer contribution / active EE | $367 | $1,505-75.6% | $2,414-84.8% | $2,597-85.9% |
| Participant deferral / active EE | $770 | $3,025-74.6% | $3,986-80.7% | $4,028-80.9% |
| Admin fee / account holder | $3,315 | $4,835-31.4% | $6,835-51.5% | $5,403-38.7% |