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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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $13,476 | $54,380-75.2% | $68,509-80.3% | $59,633-77.4% |
| Participation rate | 57.6% | 70.2%-12.6pp | 74.7%-17.2pp | 68.7%-11.1pp |
| Annual return | -0.69% | 2.83%-3.5pp | 8.27%-9.0pp | 2041.45%-2042.1pp |
| Employer contribution / active EE | $448 | $1,539-70.9% | $2,278-80.3% | $2,203-79.7% |
| Participant deferral / active EE | $852 | $2,643-67.8% | $3,382-74.8% | $3,192-73.3% |
| Admin fee / account holder | $2,019 | $3,885-48.0% | $5,275-61.7% | $4,297-53.0% |