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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 | $80,287 | $201,259-60.1% | $184,200-56.4% | $145,959-45.0% |
| Participation rate | 56.5% | 87.5%-31.0pp | 86.8%-30.3pp | 80.3%-23.8pp |
| Annual return | 10.81% | 28.98%-18.2pp | 28.80%-18.0pp | 561.95%-551.1pp |
| Employer contribution / active EE | $2,586 | $7,018-63.2% | $6,424-59.7% | $4,661-44.5% |
| Participant deferral / active EE | $2,916 | $9,806-70.3% | $9,132-68.1% | $6,689-56.4% |
| Admin fee / account holder | $1,131 | $16,372-93.1% | $13,907-91.9% | $13,398-91.6% |