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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 | $34,637 | $42,383-18.3% | $76,523-54.7% | $64,181-46.0% |
| Participation rate | 23.4% | 58.1%-34.7pp | 68.0%-44.6pp | 69.6%-46.2pp |
| Annual return | -4.64% | -16.54%+11.9pp | -0.27%-4.4pp | 7.63%-12.3pp |
| Employer contribution / active EE | $284 | $1,563-81.8% | $2,647-89.3% | $2,381-88.1% |
| Participant deferral / active EE | $483 | $2,566-81.2% | $3,835-87.4% | $3,470-86.1% |
| Admin fee / account holder | $4,345 | $3,198+35.9% | $4,848-10.4% | $4,887-11.1% |