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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 | $31,687 | $54,674-42.0% | $76,089-58.4% | $74,429-57.4% |
| Participation rate | 29.1% | 60.3%-31.2pp | 69.1%-40.0pp | 67.2%-38.1pp |
| Annual return | 11.49% | 31.89%-20.4pp | 360.94%-349.4pp | 1368.38%-1356.9pp |
| Employer contribution / active EE | $714 | $1,781-59.9% | $2,690-73.4% | $2,625-72.8% |
| Participant deferral / active EE | $861 | $3,071-72.0% | $4,259-79.8% | $4,348-80.2% |
| Admin fee / account holder | $5,538 | $2,238+147.5% | $6,418-13.7% | $1,944+184.8% |