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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 | $11,702 | $27,243-57.0% | $52,425-77.7% | $79,634-85.3% |
| Participation rate | 4.4% | 22.4%-18.0pp | 55.6%-51.2pp | 62.5%-58.1pp |
| Annual return | 14.41% | 63.36%-48.9pp | 302.12%-287.7pp | 36.46%-22.1pp |
| Employer contribution / active EE | $74 | $319-76.7% | $914-91.9% | $2,529-97.1% |
| Participant deferral / active EE | $162 | $636-74.5% | $1,790-90.9% | $3,835-95.8% |
| Admin fee / account holder | $5,127 | $2,105+143.6% | $2,495+105.5% | $1,002+411.7% |