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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 | $3,713 | $29,319-87.3% | $52,425-92.9% | $82,448-95.5% |
| Participation rate | 11.4% | 46.9%-35.4pp | 55.6%-44.2pp | 68.1%-56.6pp |
| Annual return | 23.04% | 535.20%-512.2pp | 302.12%-279.1pp | 41.64%-18.6pp |
| Employer contribution / active EE | $73 | $586-87.5% | $914-92.0% | $2,551-97.1% |
| Participant deferral / active EE | $91 | $1,171-92.2% | $1,790-94.9% | $4,139-97.8% |
| Admin fee / account holder | $2,045 | $1,962+4.2% | $2,495-18.0% | $7,234-71.7% |