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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 | $23,012 | $78,694-70.8% | $67,652-66.0% | $125,389-81.6% |
| Participation rate | 61.5% | 78.8%-17.3pp | 75.7%-14.1pp | 83.2%-21.7pp |
| Annual return | -0.63% | 9.46%-10.1pp | 6625.40%-6626.0pp | 282.24%-282.9pp |
| Employer contribution / active EE | $884 | $3,044-71.0% | $2,266-61.0% | $4,866-81.8% |
| Participant deferral / active EE | $481 | $4,292-88.8% | $3,560-86.5% | $5,352-91.0% |
| Admin fee / account holder | $351 | $7,403-95.3% | $4,821-92.7% | $9,541-96.3% |