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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 | $136,936 | $254,759-46.2% | $216,567-36.8% | $198,609-31.1% |
| Participation rate | 63.2% | 84.5%-21.4pp | 81.6%-18.5pp | 82.4%-19.2pp |
| Annual return | 6.97% | 10.04%-3.1pp | 12.94%-6.0pp | 202.70%-195.7pp |
| Employer contribution / active EE | $0 | $6,096-100.0% | $5,216-100.0% | $5,055-100.0% |
| Participant deferral / active EE | $1,922 | $6,948-72.3% | $6,191-68.9% | $6,977-72.4% |
| Admin fee / account holder | $1,364 | $26,311-94.8% | $21,981-93.8% | $19,030-92.8% |