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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 | $222,943 | $157,296+41.7% | $141,191+57.9% | $152,897+45.8% |
| Participation rate | 57.1% | 84.8%-27.7pp | 82.5%-25.3pp | 82.5%-25.3pp |
| Annual return | 23.83% | 64.34%-40.5pp | 71.41%-47.6pp | 345.43%-321.6pp |
| Employer contribution / active EE | $1,133 | $5,262-78.5% | $4,736-76.1% | $4,764-76.2% |
| Participant deferral / active EE | $1,215 | $7,111-82.9% | $6,710-81.9% | $5,851-79.2% |
| Admin fee / account holder | $1,421 | $12,125-88.3% | $10,264-86.2% | $11,599-87.7% |