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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 | $18,580 | $52,678-64.7% | $75,784-75.5% | $59,633-68.8% |
| Participation rate | 23.5% | 67.2%-43.7pp | 75.8%-52.3pp | 68.7%-45.1pp |
| Annual return | -0.82% | 2.95%-3.8pp | 9.68%-10.5pp | 2041.45%-2042.3pp |
| Employer contribution / active EE | $0 | $2,193-100.0% | $3,323-100.0% | $2,203-100.0% |
| Participant deferral / active EE | $949 | $2,591-63.4% | $3,652-74.0% | $3,192-70.3% |
| Admin fee / account holder | $13,835 | $3,610+283.3% | $5,300+161.1% | $4,297+222.0% |