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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 | $32,374 | $56,197-42.4% | $67,652-52.1% | $59,633-45.7% |
| Participation rate | 31.3% | 71.5%-40.2pp | 75.7%-44.4pp | 68.7%-37.4pp |
| Annual return | -0.52% | 18508.10%-18508.6pp | 6625.40%-6625.9pp | 2041.45%-2042.0pp |
| Employer contribution / active EE | $415 | $1,615-74.3% | $2,266-81.7% | $2,203-81.2% |
| Participant deferral / active EE | $1,123 | $2,844-60.5% | $3,560-68.4% | $3,192-64.8% |
| Admin fee / account holder | $795 | $3,958-79.9% | $4,821-83.5% | $4,297-81.5% |