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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 | $70,522 | $165,399-57.4% | $149,745-52.9% | $158,982-55.6% |
| Participation rate | 52.4% | 84.6%-32.2pp | 82.5%-30.1pp | 82.0%-29.6pp |
| Annual return | 11.25% | 348.34%-337.1pp | 276.72%-265.5pp | 302.99%-291.7pp |
| Employer contribution / active EE | $1,891 | $5,105-63.0% | $4,646-59.3% | $4,763-60.3% |
| Participant deferral / active EE | $2,310 | $7,183-67.8% | $6,843-66.2% | $5,983-61.4% |
| Admin fee / account holder | $11,010 | $10,811+1.8% | $9,312+18.2% | $11,252-2.2% |