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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 | $154,802 | $99,345+55.8% | $84,753+82.7% | $273,972-43.5% |
| Participation rate | 63.2% | 80.7%-17.5pp | 76.6%-13.4pp | 83.0%-19.9pp |
| Annual return | 3.31% | 22.93%-19.6pp | 22.78%-19.5pp | 41.46%-38.1pp |
| Employer contribution / active EE | $811 | $4,214-80.8% | $3,574-77.3% | $4,869-83.3% |
| Participant deferral / active EE | $0 | $4,270-100.0% | $3,712-100.0% | $5,287-100.0% |
| Admin fee / account holder | $2,977 | $6,645-55.2% | $5,333-44.2% | $10,133-70.6% |