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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer 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 | $29,462 | $48,267-39.0% | $68,808-57.2% | $68,486-57.0% |
| Participation rate | 38.7% | 60.7%-22.0pp | 69.0%-30.3pp | 67.9%-29.2pp |
| Annual return | -13.17% | -12.70%-0.5pp | -6.37%-6.8pp | -7.85%-5.3pp |
| Employer contribution / active EE | $0 | $1,829-100.0% | $2,656-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $2,579 | $2,867-10.0% | $3,942-34.6% | $4,028-36.0% |
| Admin fee / account holder | $16,526 | $4,362+278.8% | $4,936+234.8% | $5,404+205.8% |