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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 | $43,873 | $239,571-81.7% | $183,328-76.1% | $137,256-68.0% |
| Participation rate | 68.4% | 82.4%-14.0pp | 77.3%-8.9pp | 80.0%-11.5pp |
| Annual return | 16.05% | 35.69%-19.6pp | 29.67%-13.6pp | 220.34%-204.3pp |
| Employer contribution / active EE | $0 | $6,148-100.0% | $5,055-100.0% | $4,156-100.0% |
| Participant deferral / active EE | $1,142 | $7,995-85.7% | $6,795-83.2% | $6,407-82.2% |
| Admin fee / account holder | $4,823 | $30,059-84.0% | $21,427-77.5% | $12,270-60.7% |