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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 | $18,131 | $101,063-82.1% | $81,473-77.7% | $147,586-87.7% |
| Participation rate | 22.2% | 74.5%-52.2pp | 68.0%-45.7pp | 82.8%-60.6pp |
| Annual return | 14.93% | 32.41%-17.5pp | 38.78%-23.9pp | 578.59%-563.7pp |
| Employer contribution / active EE | $0 | $3,206-100.0% | $2,568-100.0% | $4,876-100.0% |
| Participant deferral / active EE | $429 | $4,242-89.9% | $3,537-87.9% | $5,439-92.1% |
| Admin fee / account holder | $7,324 | $5,812+26.0% | $4,561+60.6% | $10,886-32.7% |