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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 | $29,976 | $148,623-79.8% | $135,974-78.0% | $139,466-78.5% |
| Participation rate | 63.2% | 83.9%-20.7pp | 81.9%-18.8pp | 80.3%-17.2pp |
| Annual return | 18.95% | 79.30%-60.3pp | 68.30%-49.4pp | 373.66%-354.7pp |
| Employer contribution / active EE | $1,123 | $5,246-78.6% | $4,859-76.9% | $4,754-76.4% |
| Participant deferral / active EE | $1,830 | $8,103-77.4% | $7,760-76.4% | $6,712-72.7% |
| Admin fee / account holder | $1,875 | $12,406-84.9% | $10,767-82.6% | $11,409-83.6% |