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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 | $230,541 | $202,440+13.9% | $169,390+36.1% | $139,466+65.3% |
| Participation rate | 25.0% | 81.1%-56.1pp | 77.2%-52.2pp | 80.3%-55.3pp |
| Annual return | 16.25% | 532.36%-516.1pp | 406.07%-389.8pp | 373.66%-357.4pp |
| Employer contribution / active EE | $0 | $4,693-100.0% | $4,013-100.0% | $4,754-100.0% |
| Participant deferral / active EE | $824 | $6,940-88.1% | $6,222-86.8% | $6,712-87.7% |
| Admin fee / account holder | $5,796 | $10,722-45.9% | $9,015-35.7% | $11,409-49.2% |