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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 | $45,391 | $175,231-74.1% | $149,696-69.7% | $139,466-67.5% |
| Participation rate | 53.8% | 83.4%-29.5pp | 78.8%-24.9pp | 80.3%-26.5pp |
| Annual return | 12.93% | 166.77%-153.8pp | 134.46%-121.5pp | 373.66%-360.7pp |
| Employer contribution / active EE | $1,680 | $5,478-69.3% | $4,821-65.2% | $4,754-64.7% |
| Participant deferral / active EE | $1,022 | $6,521-84.3% | $5,682-82.0% | $6,712-84.8% |
| Admin fee / account holder | $984 | $16,155-93.9% | $13,212-92.5% | $11,409-91.4% |