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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 | $29,457 | $73,019-59.7% | $90,766-67.5% | $68,490-57.0% |
| Participation rate | 50.0% | 70.8%-20.8pp | 75.7%-25.7pp | 67.9%-17.9pp |
| Annual return | -16.49% | -13.81%-2.7pp | -12.16%-4.3pp | -7.85%-8.6pp |
| Employer contribution / active EE | $1,392 | $2,193-36.5% | $2,922-52.4% | $2,597-46.4% |
| Participant deferral / active EE | $1,285 | $3,626-64.6% | $4,565-71.8% | $4,028-68.1% |
| Admin fee / account holder | $496 | $5,897-91.6% | $8,446-94.1% | $5,403-90.8% |