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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 | $75,668 | $62,583+20.9% | $76,767-1.4% | $64,173+17.9% |
| Participation rate | 23.1% | 72.8%-49.7pp | 77.0%-53.9pp | 69.6%-46.5pp |
| Annual return | -7.07% | -1.95%-5.1pp | 2.43%-9.5pp | 7.63%-14.7pp |
| Employer contribution / active EE | $757 | $1,832-58.7% | $2,485-69.5% | $2,381-68.2% |
| Participant deferral / active EE | $1,371 | $3,145-56.4% | $3,852-64.4% | $3,470-60.5% |
| Admin fee / account holder | $548 | $4,667-88.3% | $6,675-91.8% | $4,887-88.8% |