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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 | $23,762 | $61,660-61.5% | $80,022-70.3% | $64,173-63.0% |
| Participation rate | 68.0% | 71.7%-3.7pp | 75.8%-7.8pp | 69.6%-1.6pp |
| Annual return | -5.77% | -0.33%-5.4pp | 11.22%-17.0pp | 7.63%-13.4pp |
| Employer contribution / active EE | $1,251 | $1,810-30.9% | $2,468-49.3% | $2,381-47.4% |
| Participant deferral / active EE | $722 | $2,968-75.7% | $3,686-80.4% | $3,470-79.2% |
| Admin fee / account holder | $1,298 | $5,417-76.0% | $6,521-80.1% | $4,887-73.4% |