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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 | $88,887 | $76,834+15.7% | $108,359-18.0% | $87,485+1.6% |
| Participation rate | 20.0% | 61.7%-41.7pp | 70.1%-50.1pp | 68.9%-48.9pp |
| Annual return | 19.09% | 19.09%0pp | 36.89%-17.8pp | 26.06%-7.0pp |
| Employer contribution / active EE | $588 | $1,556-62.2% | $2,399-75.5% | $2,596-77.4% |
| Participant deferral / active EE | $826 | $3,100-73.4% | $4,137-80.0% | $4,274-80.7% |
| Admin fee / account holder | $620 | $6,537-90.5% | $9,741-93.6% | $7,775-92.0% |