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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 | $18,561 | $28,167-34.1% | $73,658-74.8% | $64,728-71.3% |
| Participation rate | 2.0% | 21.1%-19.1pp | 57.0%-55.1pp | 57.9%-55.9pp |
| Annual return | 20.90% | 139.75%-118.9pp | 29.72%-8.8pp | 49.38%-28.5pp |
| Employer contribution / active EE | $68 | $373-81.7% | $1,032-93.4% | $2,243-97.0% |
| Participant deferral / active EE | $131 | $597-78.0% | $2,062-93.6% | $2,729-95.2% |
| Admin fee / account holder | $2,898 | $1,791+61.8% | $3,357-13.7% | $1,145+153.1% |