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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 | $27,919 | $54,162-48.5% | $68,612-59.3% | $64,173-56.5% |
| Participation rate | 27.8% | 68.1%-40.3pp | 72.2%-44.5pp | 69.6%-41.8pp |
| Annual return | -5.39% | -1.62%-3.8pp | -4.63%-0.8pp | 7.63%-13.0pp |
| Employer contribution / active EE | $848 | $1,846-54.1% | $2,625-67.7% | $2,381-64.4% |
| Participant deferral / active EE | $901 | $2,626-65.7% | $3,311-72.8% | $3,470-74.0% |
| Admin fee / account holder | $9,878 | $4,029+145.2% | $5,131+92.5% | $4,887+102.1% |