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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 | $54,443 | $59,819-9.0% | $79,583-31.6% | $68,490-20.5% |
| Participation rate | 44.1% | 61.1%-17.0pp | 69.5%-25.4pp | 67.9%-23.8pp |
| Annual return | -17.51% | -12.30%-5.2pp | 0.16%-17.7pp | -7.85%-9.7pp |
| Employer contribution / active EE | $1,068 | $1,505-29.1% | $2,414-55.8% | $2,597-58.9% |
| Participant deferral / active EE | $1,213 | $3,025-59.9% | $3,986-69.6% | $4,028-69.9% |
| Admin fee / account holder | $630 | $4,835-87.0% | $6,835-90.8% | $5,403-88.3% |