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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 | $107,513 | $132,099-18.6% | $115,599-7.0% | $138,895-22.6% |
| Participation rate | 43.8% | 77.9%-34.1pp | 74.3%-30.5pp | 79.9%-36.2pp |
| Annual return | 12.90% | 176.76%-163.9pp | 111.10%-98.2pp | 145.39%-132.5pp |
| Employer contribution / active EE | $0 | $3,416-100.0% | $2,955-100.0% | $4,194-100.0% |
| Participant deferral / active EE | $1,548 | $5,617-72.4% | $4,889-68.3% | $6,396-75.8% |
| Admin fee / account holder | $22,663 | $15,650+44.8% | $12,841+76.5% | $12,562+80.4% |