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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 | $118,634 | $115,225+3.0% | $100,712+17.8% | $138,895-14.6% |
| Participation rate | 30.0% | 74.3%-44.3pp | 69.3%-39.3pp | 79.9%-49.9pp |
| Annual return | 16.27% | 40.35%-24.1pp | 33.27%-17.0pp | 145.39%-129.1pp |
| Employer contribution / active EE | $792 | $2,771-71.4% | $2,313-65.7% | $4,194-81.1% |
| Participant deferral / active EE | $930 | $4,699-80.2% | $4,085-77.2% | $6,396-85.5% |
| Admin fee / account holder | $798 | $10,844-92.6% | $9,256-91.4% | $12,562-93.6% |