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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 | $27,879 | $49,177-43.3% | $79,466-64.9% | $64,173-56.6% |
| Participation rate | 17.6% | 65.0%-47.4pp | 73.3%-55.7pp | 69.6%-51.9pp |
| Annual return | -6.10% | -1.16%-4.9pp | 718.28%-724.4pp | 7.63%-13.7pp |
| Employer contribution / active EE | $782 | $2,076-62.3% | $2,800-72.1% | $2,381-67.2% |
| Participant deferral / active EE | $405 | $2,821-85.7% | $3,704-89.1% | $3,470-88.3% |
| Admin fee / account holder | $1,657 | $3,839-56.8% | $5,104-67.5% | $4,887-66.1% |