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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 | $69,222 | $211,224-67.2% | $178,505-61.2% | $145,897-52.6% |
| Participation rate | 57.1% | 80.8%-23.7pp | 77.1%-20.0pp | 80.3%-23.2pp |
| Annual return | 24.81% | 30.28%-5.5pp | 27.16%-2.3pp | 552.29%-527.5pp |
| Employer contribution / active EE | $885 | $4,577-80.7% | $3,955-77.6% | $4,663-81.0% |
| Participant deferral / active EE | $1,227 | $6,966-82.4% | $6,280-80.5% | $6,689-81.7% |
| Admin fee / account holder | $9,382 | $12,109-22.5% | $10,428-10.0% | $13,390-29.9% |