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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 | $21,497 | $60,139-64.3% | $90,461-76.2% | $79,856-73.1% |
| Participation rate | 38.5% | 65.0%-26.5pp | 72.7%-34.2pp | 69.6%-31.2pp |
| Annual return | 15.27% | 71.96%-56.7pp | 1294.76%-1279.5pp | 31.71%-16.4pp |
| Employer contribution / active EE | $503 | $2,069-75.7% | $3,264-84.6% | $2,471-79.7% |
| Participant deferral / active EE | $666 | $2,939-77.4% | $3,964-83.2% | $3,741-82.2% |
| Admin fee / account holder | $815 | $3,978-79.5% | $5,617-85.5% | $5,306-84.6% |