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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 | $18,892 | $97,020-80.5% | $83,327-77.3% | $135,380-86.0% |
| Participation rate | 40.0% | 80.4%-40.4pp | 77.8%-37.8pp | 82.6%-42.6pp |
| Annual return | 0.66% | 12.31%-11.7pp | 10.64%-10.0pp | 519.81%-519.1pp |
| Employer contribution / active EE | $0 | $4,144-100.0% | $3,379-100.0% | $4,779-100.0% |
| Participant deferral / active EE | $35 | $5,964-99.4% | $5,565-99.4% | $5,609-99.4% |
| Admin fee / account holder | $51,265 | $8,426+508.4% | $7,540+579.9% | $10,828+373.4% |