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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 | $165,407 | $51,642+220.3% | $129,384+27.8% | $80,935+104.4% |
| Participation rate | 52.6% | 56.9%-4.3pp | 69.6%-17.0pp | 67.7%-15.0pp |
| Annual return | 14.88% | 20.78%-5.9pp | 9461.77%-9446.9pp | 35.66%-20.8pp |
| Employer contribution / active EE | $940 | $1,583-40.6% | $4,153-77.4% | $2,757-65.9% |
| Participant deferral / active EE | $359 | $2,670-86.5% | $4,166-91.4% | $4,299-91.6% |
| Admin fee / account holder | $2,273 | $4,312-47.3% | $7,686-70.4% | $6,924-67.2% |