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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 | $35,070 | $217,427-83.9% | $185,837-81.1% | $167,518-79.1% |
| Participation rate | 42.1% | 86.0%-43.9pp | 81.7%-39.6pp | 82.1%-40.0pp |
| Annual return | 25.33% | 148.39%-123.1pp | 122.08%-96.7pp | 478.71%-453.4pp |
| Employer contribution / active EE | $1,390 | $5,874-76.3% | $5,168-73.1% | $4,838-71.3% |
| Participant deferral / active EE | $1,827 | $6,357-71.3% | $5,568-67.2% | $6,342-71.2% |
| Admin fee / account holder | $20,606 | $19,816+4.0% | $16,241+26.9% | $12,312+67.4% |