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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 | $15,281 | $174,379-91.2% | $152,093-90.0% | $138,895-89.0% |
| Participation rate | 46.2% | 81.6%-35.5pp | 77.8%-31.6pp | 79.9%-33.8pp |
| Annual return | 15.49% | 74.86%-59.4pp | 66.36%-50.9pp | 145.39%-129.9pp |
| Employer contribution / active EE | $940 | $4,652-79.8% | $4,175-77.5% | $4,194-77.6% |
| Participant deferral / active EE | $984 | $6,159-84.0% | $5,451-81.9% | $6,396-84.6% |
| Admin fee / account holder | $1,176 | $16,880-93.0% | $14,497-91.9% | $12,562-90.6% |