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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 | $30,651 | $217,427-85.9% | $185,837-83.5% | $167,518-81.7% |
| Participation rate | 58.8% | 86.0%-27.2pp | 81.7%-22.9pp | 82.1%-23.3pp |
| Annual return | 17.74% | 148.39%-130.7pp | 122.08%-104.3pp | 478.71%-461.0pp |
| Employer contribution / active EE | $1,304 | $5,874-77.8% | $5,168-74.8% | $4,838-73.0% |
| Participant deferral / active EE | $1,837 | $6,357-71.1% | $5,568-67.0% | $6,342-71.0% |
| Admin fee / account holder | $2,371 | $19,816-88.0% | $16,241-85.4% | $12,312-80.7% |