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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 | $28,550 | $34,316-16.8% | $74,722-61.8% | $72,975-60.9% |
| Participation rate | 23.3% | 42.4%-19.1pp | 54.5%-31.2pp | 69.5%-46.2pp |
| Annual return | 0.00% | 26.58%-26.6pp | 753.11%-753.1pp | 81.01%-81.0pp |
| Employer contribution / active EE | $116 | $692-83.2% | $1,084-89.3% | $2,440-95.2% |
| Participant deferral / active EE | $174 | $1,272-86.3% | $1,963-91.2% | $3,608-95.2% |
| Admin fee / account holder | $13,498 | $2,125+535.3% | $3,335+304.8% | $5,124+163.4% |