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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 | $34,132 | $62,583-45.5% | $76,767-55.5% | $64,173-46.8% |
| Participation rate | 35.8% | 72.8%-37.0pp | 77.0%-41.1pp | 69.6%-33.7pp |
| Annual return | -3.45% | -1.95%-1.5pp | 2.43%-5.9pp | 7.63%-11.1pp |
| Employer contribution / active EE | $662 | $1,832-63.8% | $2,485-73.3% | $2,381-72.2% |
| Participant deferral / active EE | $1,272 | $3,145-59.6% | $3,852-67.0% | $3,470-63.4% |
| Admin fee / account holder | $911 | $4,667-80.5% | $6,675-86.4% | $4,887-81.4% |