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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 | $28,167-58.5% | $73,658-84.1% | $64,728-81.9% |
| Participation rate | 4.4% | 21.1%-16.6pp | 57.0%-52.6pp | 57.9%-53.5pp |
| Annual return | 14.41% | 139.75%-125.3pp | 29.72%-15.3pp | 49.38%-35.0pp |
| Employer contribution / active EE | $74 | $373-80.1% | $1,032-92.8% | $2,243-96.7% |
| Participant deferral / active EE | $162 | $597-72.9% | $2,062-92.1% | $2,729-94.1% |
| Admin fee / account holder | $5,127 | $1,791+186.3% | $3,357+52.7% | $1,145+347.7% |