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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 | $72,304 | $209,336-65.5% | $197,124-63.3% | $137,256-47.3% |
| Participation rate | 56.3% | 87.3%-31.1pp | 86.7%-30.5pp | 80.0%-23.7pp |
| Annual return | 13.41% | 48.09%-34.7pp | 44.34%-30.9pp | 220.34%-206.9pp |
| Employer contribution / active EE | $1,464 | $6,591-77.8% | $6,227-76.5% | $4,156-64.8% |
| Participant deferral / active EE | $1,585 | $9,614-83.5% | $9,135-82.6% | $6,407-75.3% |
| Admin fee / account holder | $15,807 | $17,308-8.7% | $16,298-3.0% | $12,270+28.8% |