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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 | $100,430 | $176,105-43.0% | $159,474-37.0% | $167,536-40.1% |
| Participation rate | 38.9% | 85.0%-46.1pp | 82.8%-43.9pp | 82.1%-43.2pp |
| Annual return | 11.53% | 331.91%-320.4pp | 263.68%-252.2pp | 478.82%-467.3pp |
| Employer contribution / active EE | $1,935 | $5,299-63.5% | $4,831-59.9% | $4,839-60.0% |
| Participant deferral / active EE | $2,469 | $7,751-68.1% | $7,353-66.4% | $6,342-61.1% |
| Admin fee / account holder | $2,887 | $12,559-77.0% | $10,802-73.3% | $12,315-76.6% |