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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 | $199,174 | $86,298+130.8% | $111,308+78.9% | $85,847+132.0% |
| Participation rate | 15.6% | 73.3%-57.8pp | 77.3%-61.8pp | 69.3%-53.8pp |
| Annual return | 20.00% | 19.99%0pp | 54.67%-34.7pp | 318.61%-298.6pp |
| Employer contribution / active EE | $676 | $2,044-66.9% | $2,732-75.2% | $2,565-73.6% |
| Participant deferral / active EE | $1,466 | $3,641-59.7% | $4,487-67.3% | $3,952-62.9% |
| Admin fee / account holder | $15,874 | $8,189+93.8% | $7,965+99.3% | $6,261+153.6% |