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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 | $26,936-31.1% | $53,647-65.4% | $71,012-73.9% |
| Participation rate | 2.0% | 21.9%-19.9pp | 56.3%-54.3pp | 58.6%-56.6pp |
| Annual return | 20.90% | 81.59%-60.7pp | 358.33%-337.4pp | 37.67%-16.8pp |
| Employer contribution / active EE | $68 | $335-79.6% | $962-92.9% | $2,348-97.1% |
| Participant deferral / active EE | $131 | $590-77.7% | $1,813-92.8% | $3,246-96.0% |
| Admin fee / account holder | $2,898 | $2,177+33.2% | $2,460+17.8% | $1,167+148.3% |