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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 | $34,024 | $148,629-77.1% | $135,982-75.0% | $139,487-75.6% |
| Participation rate | 36.4% | 83.9%-47.5pp | 81.9%-45.6pp | 80.3%-44.0pp |
| Annual return | 12.58% | 79.33%-66.7pp | 68.32%-55.7pp | 373.84%-361.3pp |
| Employer contribution / active EE | $0 | $5,247-100.0% | $4,859-100.0% | $4,755-100.0% |
| Participant deferral / active EE | $344 | $8,102-95.8% | $7,760-95.6% | $6,713-94.9% |
| Admin fee / account holder | $12,958 | $12,406+4.4% | $10,767+20.3% | $11,407+13.6% |