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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 | $13,843 | $28,167-50.9% | $73,658-81.2% | $64,728-78.6% |
| Participation rate | 7.5% | 21.1%-13.5pp | 57.0%-49.5pp | 57.9%-50.4pp |
| Annual return | 20.90% | 139.75%-118.8pp | 29.72%-8.8pp | 49.38%-28.5pp |
| Employer contribution / active EE | $157 | $373-58.0% | $1,032-84.8% | $2,243-93.0% |
| Participant deferral / active EE | $186 | $597-68.8% | $2,062-91.0% | $2,729-93.2% |
| Admin fee / account holder | $425 | $1,791-76.3% | $3,357-87.4% | $1,145-62.9% |