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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 | $94,117 | $228,395-58.8% | $185,861-49.4% | $158,982-40.8% |
| Participation rate | 40.0% | 82.3%-42.3pp | 78.0%-38.0pp | 82.0%-42.0pp |
| Annual return | 12.28% | 40.82%-28.5pp | 35.96%-23.7pp | 302.99%-290.7pp |
| Employer contribution / active EE | $681 | $4,968-86.3% | $4,088-83.3% | $4,763-85.7% |
| Participant deferral / active EE | $1,115 | $6,417-82.6% | $5,634-80.2% | $5,983-81.4% |
| Admin fee / account holder | $12,125 | $11,869+2.2% | $9,503+27.6% | $11,252+7.8% |