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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 | $38,562 | $210,908-81.7% | $153,643-74.9% | $145,884-73.6% |
| Participation rate | 60.0% | 82.1%-22.1pp | 77.1%-17.1pp | 80.3%-20.3pp |
| Annual return | 10.17% | 13.46%-3.3pp | 15.71%-5.5pp | 551.85%-541.7pp |
| Employer contribution / active EE | $0 | $6,055-100.0% | $5,039-100.0% | $4,662-100.0% |
| Participant deferral / active EE | $1,351 | $7,976-83.1% | $6,754-80.0% | $6,690-79.8% |
| Admin fee / account holder | $4,405 | $19,477-77.4% | $12,739-65.4% | $13,392-67.1% |