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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 | $21,277 | $77,817-72.7% | $123,553-82.8% | $64,173-66.8% |
| Participation rate | 51.6% | 74.7%-23.1pp | 82.3%-30.7pp | 69.6%-18.0pp |
| Annual return | -6.12% | 12.49%-18.6pp | 119.21%-125.3pp | 7.63%-13.8pp |
| Employer contribution / active EE | $2,597 | $3,014-13.8% | $4,628-43.9% | $2,381+9.1% |
| Participant deferral / active EE | $1,107 | $5,240-78.9% | $6,426-82.8% | $3,470-68.1% |
| Admin fee / account holder | $638 | $5,519-88.4% | $9,284-93.1% | $4,887-86.9% |