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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 | $61,785 | $144,130-57.1% | $117,861-47.6% | $147,586-58.1% |
| Participation rate | 64.7% | 83.4%-18.7pp | 79.7%-15.0pp | 82.8%-18.1pp |
| Annual return | 23.89% | 531.20%-507.3pp | 335.11%-311.2pp | 578.59%-554.7pp |
| Employer contribution / active EE | $1,103 | $4,897-77.5% | $3,786-70.9% | $4,876-77.4% |
| Participant deferral / active EE | $1,242 | $5,316-76.6% | $4,482-72.3% | $5,439-77.2% |
| Admin fee / account holder | $717 | $10,887-93.4% | $8,021-91.1% | $10,886-93.4% |