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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 | $46,072 | $73,009-36.9% | $90,760-49.2% | $68,486-32.7% |
| Participation rate | 17.9% | 70.8%-52.9pp | 75.7%-57.8pp | 67.9%-50.0pp |
| Annual return | -18.58% | -13.81%-4.8pp | -12.16%-6.4pp | -7.85%-10.7pp |
| Employer contribution / active EE | $588 | $2,193-73.2% | $2,922-79.9% | $2,597-77.4% |
| Participant deferral / active EE | $1,441 | $3,626-60.3% | $4,565-68.4% | $4,028-64.2% |
| Admin fee / account holder | $9,057 | $5,896+53.6% | $8,444+7.3% | $5,404+67.6% |