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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 | $28,623 | $125,190-77.1% | $105,624-72.9% | $145,897-80.4% |
| Participation rate | 38.5% | 77.6%-39.2pp | 75.3%-36.8pp | 80.3%-41.8pp |
| Annual return | 11.24% | 225.22%-214.0pp | 116.20%-105.0pp | 552.29%-541.0pp |
| Employer contribution / active EE | $1,093 | $3,720-70.6% | $3,168-65.5% | $4,663-76.6% |
| Participant deferral / active EE | $1,272 | $5,716-77.7% | $5,013-74.6% | $6,689-81.0% |
| Admin fee / account holder | $1,246 | $17,138-92.7% | $10,961-88.6% | $13,390-90.7% |