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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 | $21,274 | $45,566-53.3% | $64,105-66.8% | $59,633-64.3% |
| Participation rate | 17.2% | 60.2%-42.9pp | 68.2%-50.9pp | 68.7%-51.4pp |
| Annual return | -1.35% | 4.95%-6.3pp | 791.24%-792.6pp | 2041.40%-2042.8pp |
| Employer contribution / active EE | $187 | $934-80.0% | $1,820-89.7% | $2,203-91.5% |
| Participant deferral / active EE | $529 | $2,057-74.3% | $2,822-81.3% | $3,192-83.4% |
| Admin fee / account holder | $421 | $3,268-87.1% | $4,499-90.6% | $4,297-90.2% |