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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 | $192,737 | $154,228+25.0% | $145,433+32.5% | $137,256+40.4% |
| Participation rate | 42.1% | 83.8%-41.7pp | 82.1%-40.0pp | 80.0%-37.9pp |
| Annual return | 15.35% | 74.59%-59.2pp | 66.58%-51.2pp | 220.34%-205.0pp |
| Employer contribution / active EE | $868 | $4,804-81.9% | $4,554-80.9% | $4,156-79.1% |
| Participant deferral / active EE | $1,068 | $8,216-87.0% | $7,897-86.5% | $6,407-83.3% |
| Admin fee / account holder | $578 | $14,344-96.0% | $13,129-95.6% | $12,270-95.3% |