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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 | $32,387 | $76,912-57.9% | $129,118-74.9% | $68,486-52.7% |
| Participation rate | 18.7% | 69.1%-50.5pp | 77.2%-58.6pp | 67.9%-49.2pp |
| Annual return | -8.59% | -9.78%+1.2pp | -10.94%+2.4pp | -7.85%-0.7pp |
| Employer contribution / active EE | $969 | $3,243-70.1% | $5,051-80.8% | $2,597-62.7% |
| Participant deferral / active EE | $1,204 | $4,732-74.6% | $6,539-81.6% | $4,028-70.1% |
| Admin fee / account holder | $3,305 | $6,638-50.2% | $14,305-76.9% | $5,404-38.8% |