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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 | $38,263 | $180,459-78.8% | $154,108-75.2% | $135,380-71.7% |
| Participation rate | 47.4% | 87.4%-40.1pp | 83.0%-35.7pp | 82.6%-35.3pp |
| Annual return | 1.25% | 888.21%-887.0pp | 735.21%-734.0pp | 519.81%-518.6pp |
| Employer contribution / active EE | $0 | $6,035-100.0% | $5,298-100.0% | $4,779-100.0% |
| Participant deferral / active EE | $1,654 | $5,806-71.5% | $5,081-67.4% | $5,609-70.5% |
| Admin fee / account holder | $14,035 | $16,145-13.1% | $13,411+4.6% | $10,828+29.6% |