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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 | $22,914 | $49,177-53.4% | $79,467-71.2% | $64,173-64.3% |
| Participation rate | 24.2% | 65.0%-40.8pp | 73.3%-49.1pp | 69.6%-45.3pp |
| Annual return | -3.07% | -1.16%-1.9pp | 718.30%-721.4pp | 7.63%-10.7pp |
| Employer contribution / active EE | $395 | $2,076-81.0% | $2,800-85.9% | $2,381-83.4% |
| Participant deferral / active EE | $518 | $2,821-81.6% | $3,704-86.0% | $3,470-85.1% |
| Admin fee / account holder | $1,896 | $3,839-50.6% | $5,104-62.9% | $4,887-61.2% |