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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 | $41,585 | $154,228-73.0% | $145,433-71.4% | $137,256-69.7% |
| Participation rate | 19.0% | 83.8%-64.7pp | 82.1%-63.1pp | 80.0%-60.9pp |
| Annual return | 14.10% | 74.59%-60.5pp | 66.58%-52.5pp | 220.34%-206.2pp |
| Employer contribution / active EE | $1,085 | $4,804-77.4% | $4,554-76.2% | $4,156-73.9% |
| Participant deferral / active EE | $1,414 | $8,216-82.8% | $7,897-82.1% | $6,407-77.9% |
| Admin fee / account holder | $15,522 | $14,344+8.2% | $13,129+18.2% | $12,270+26.5% |