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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 | $7,022 | $27,243-74.2% | $52,425-86.6% | $79,634-91.2% |
| Participation rate | 7.2% | 22.4%-15.2pp | 55.6%-48.4pp | 62.5%-55.3pp |
| Annual return | 14.06% | 63.36%-49.3pp | 302.12%-288.1pp | 36.46%-22.4pp |
| Employer contribution / active EE | $102 | $319-68.1% | $914-88.9% | $2,529-96.0% |
| Participant deferral / active EE | $125 | $636-80.3% | $1,790-93.0% | $3,835-96.7% |
| Admin fee / account holder | $456 | $2,105-78.3% | $2,495-81.7% | $1,002-54.4% |