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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 | $46,684 | $71,873-35.0% | $86,698-46.2% | $68,490-31.8% |
| Participation rate | 27.4% | 72.2%-44.9pp | 76.6%-49.2pp | 67.9%-40.5pp |
| Annual return | -16.23% | 3.54%-19.8pp | 35.96%-52.2pp | -7.85%-8.4pp |
| Employer contribution / active EE | $664 | $2,173-69.4% | $2,837-76.6% | $2,597-74.4% |
| Participant deferral / active EE | $1,708 | $3,779-54.8% | $4,656-63.3% | $4,028-57.6% |
| Admin fee / account holder | $3,223 | $6,110-47.3% | $7,492-57.0% | $5,403-40.3% |