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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 | $31,126 | $85,024-63.4% | $70,544-55.9% | $139,466-77.7% |
| Participation rate | 22.2% | 73.9%-51.7pp | 68.4%-46.1pp | 80.3%-58.1pp |
| Annual return | 0.00% | 30.39%-30.4pp | 32.79%-32.8pp | 373.66%-373.7pp |
| Employer contribution / active EE | $548 | $3,912-86.0% | $2,976-81.6% | $4,754-88.5% |
| Participant deferral / active EE | $778 | $5,891-86.8% | $4,568-83.0% | $6,712-88.4% |
| Admin fee / account holder | $471 | $8,928-94.7% | $6,427-92.7% | $11,409-95.9% |