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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 | $37,326 | $162,136-77.0% | $152,301-75.5% | $154,746-75.9% |
| Participation rate | 23.8% | 84.1%-60.3pp | 82.4%-58.6pp | 80.7%-56.9pp |
| Annual return | 15.30% | 91.02%-75.7pp | 80.50%-65.2pp | 172.34%-157.0pp |
| Employer contribution / active EE | $0 | $4,890-100.0% | $4,624-100.0% | $4,379-100.0% |
| Participant deferral / active EE | $1,609 | $8,341-80.7% | $8,004-79.9% | $6,730-76.1% |
| Admin fee / account holder | $9,204 | $15,759-41.6% | $14,398-36.1% | $14,365-35.9% |