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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 | $18,228 | $46,596-60.9% | $64,099-71.6% | $75,181-75.8% |
| Participation rate | 27.7% | 65.9%-38.3pp | 72.3%-44.7pp | 67.2%-39.5pp |
| Annual return | 12.46% | 26.04%-13.6pp | 33.70%-21.2pp | 160.69%-148.2pp |
| Employer contribution / active EE | $0 | $1,975-100.0% | $2,748-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $650 | $2,837-77.1% | $3,881-83.3% | $4,126-84.2% |
| Admin fee / account holder | $5,879 | $2,954+99.0% | $3,070+91.5% | $5,650+4.1% |