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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 | $73,733 | $209,847-64.9% | $189,520-61.1% | $167,518-56.0% |
| Participation rate | 58.3% | 88.7%-30.3pp | 87.8%-29.5pp | 82.1%-23.8pp |
| Annual return | 10.01% | 748.45%-738.4pp | 555.25%-545.2pp | 478.71%-468.7pp |
| Employer contribution / active EE | $0 | $6,913-100.0% | $6,161-100.0% | $4,838-100.0% |
| Participant deferral / active EE | $2,508 | $8,934-71.9% | $8,220-69.5% | $6,342-60.5% |
| Admin fee / account holder | $698 | $14,295-95.1% | $12,046-94.2% | $12,312-94.3% |