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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 | $13,439 | $49,177-72.7% | $79,467-83.1% | $64,173-79.1% |
| Participation rate | 19.7% | 65.0%-45.4pp | 73.3%-53.7pp | 69.6%-49.9pp |
| Annual return | -6.31% | -1.16%-5.1pp | 718.30%-724.6pp | 7.63%-13.9pp |
| Employer contribution / active EE | $281 | $2,076-86.5% | $2,800-90.0% | $2,381-88.2% |
| Participant deferral / active EE | $244 | $2,821-91.4% | $3,704-93.4% | $3,470-93.0% |
| Admin fee / account holder | $4,765 | $3,839+24.1% | $5,104-6.6% | $4,887-2.5% |