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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 | $66,305 | $134,817-50.8% | $123,973-46.5% | $155,188-57.3% |
| Participation rate | 38.9% | 79.4%-40.5pp | 76.7%-37.8pp | 80.8%-41.9pp |
| Annual return | 13.45% | 515.49%-502.0pp | 388.13%-374.7pp | 148.84%-135.4pp |
| Employer contribution / active EE | $1,271 | $4,425-71.3% | $4,126-69.2% | $4,248-70.1% |
| Participant deferral / active EE | $1,583 | $5,706-72.3% | $5,247-69.8% | $6,531-75.8% |
| Admin fee / account holder | $720 | $13,245-94.6% | $11,799-93.9% | $14,480-95.0% |