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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 | $58,586 | $180,462-67.5% | $154,111-62.0% | $135,379-56.7% |
| Participation rate | 63.6% | 87.4%-23.8pp | 83.0%-19.4pp | 82.6%-19.0pp |
| Annual return | 1.01% | 888.17%-887.2pp | 735.18%-734.2pp | 519.79%-518.8pp |
| Employer contribution / active EE | $0 | $6,036-100.0% | $5,298-100.0% | $4,779-100.0% |
| Participant deferral / active EE | $1,644 | $5,806-71.7% | $5,081-67.6% | $5,609-70.7% |
| Admin fee / account holder | $1,648 | $16,145-89.8% | $13,411-87.7% | $10,828-84.8% |