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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 | $27,330 | $49,280-44.5% | $67,313-59.4% | $64,173-57.4% |
| Participation rate | 23.0% | 60.8%-37.8pp | 69.1%-46.1pp | 69.6%-46.6pp |
| Annual return | -5.89% | -1.39%-4.5pp | -4.08%-1.8pp | 7.63%-13.5pp |
| Employer contribution / active EE | $283 | $1,668-83.0% | $2,566-89.0% | $2,381-88.1% |
| Participant deferral / active EE | $751 | $2,484-69.8% | $3,568-78.9% | $3,470-78.3% |
| Admin fee / account holder | $3,925 | $3,863+1.6% | $4,507-12.9% | $4,887-19.7% |