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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 | $14,074 | $60,504-76.7% | $81,882-82.8% | $74,478-81.1% |
| Participation rate | 28.5% | 62.9%-34.5pp | 72.4%-43.9pp | 67.2%-38.8pp |
| Annual return | 13.72% | 16.91%-3.2pp | 779.47%-765.8pp | 1370.56%-1356.8pp |
| Employer contribution / active EE | $419 | $2,627-84.0% | $2,916-85.6% | $2,626-84.0% |
| Participant deferral / active EE | $652 | $3,400-80.8% | $4,323-84.9% | $4,350-85.0% |
| Admin fee / account holder | $652 | $1,492-56.3% | $7,360-91.1% | $1,946-66.5% |