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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 | $17,779 | $73,848-75.9% | $143,799-87.6% | $68,486-74.0% |
| Participation rate | 21.3% | 66.7%-45.4pp | 80.3%-59.0pp | 67.9%-46.6pp |
| Annual return | -18.96% | 0.91%-19.9pp | -0.04%-18.9pp | -7.85%-11.1pp |
| Employer contribution / active EE | $474 | $3,184-85.1% | $4,952-90.4% | $2,597-81.8% |
| Participant deferral / active EE | $880 | $3,385-74.0% | $5,638-84.4% | $4,028-78.2% |
| Admin fee / account holder | $501 | $5,755-91.3% | $14,677-96.6% | $5,404-90.7% |