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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 | $26,173 | $73,009-64.2% | $90,756-71.2% | $68,495-61.8% |
| Participation rate | 68.8% | 70.8%-2.1pp | 75.7%-6.9pp | 67.9%+0.9pp |
| Annual return | -16.96% | -13.81%-3.2pp | -12.16%-4.8pp | -7.84%-9.1pp |
| Employer contribution / active EE | $575 | $2,193-73.8% | $2,922-80.3% | $2,596-77.8% |
| Participant deferral / active EE | $897 | $3,626-75.3% | $4,565-80.4% | $4,028-77.7% |
| Admin fee / account holder | $927 | $5,896-84.3% | $8,445-89.0% | $5,403-82.8% |