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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 | $15,593 | $84,518-81.6% | $67,704-77.0% | $125,389-87.6% |
| Participation rate | 14.3% | 74.8%-60.5pp | 67.5%-53.2pp | 83.2%-68.9pp |
| Annual return | 0.24% | 2.57%-2.3pp | 25.41%-25.2pp | 282.24%-282.0pp |
| Employer contribution / active EE | $0 | $3,292-100.0% | $2,559-100.0% | $4,866-100.0% |
| Participant deferral / active EE | $226 | $4,430-94.9% | $3,585-93.7% | $5,352-95.8% |
| Admin fee / account holder | $5,713 | $5,340+7.0% | $4,255+34.3% | $9,541-40.1% |