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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 | $63,846 | $96,268-33.7% | $143,412-55.5% | $86,983-26.6% |
| Participation rate | 69.6% | 74.6%-5.0pp | 78.5%-8.9pp | 69.5%0pp |
| Annual return | 14.87% | 25.47%-10.6pp | 256.99%-242.1pp | 25.83%-11.0pp |
| Employer contribution / active EE | $1,081 | $3,080-64.9% | $3,748-71.2% | $2,584-58.2% |
| Participant deferral / active EE | $1,723 | $6,001-71.3% | $6,816-74.7% | $4,194-58.9% |
| Admin fee / account holder | $8,189 | $7,778+5.3% | $11,396-28.1% | $7,856+4.2% |