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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 | $57,003 | $157,304-63.8% | $141,197-59.6% | $152,909-62.7% |
| Participation rate | 64.3% | 84.8%-20.5pp | 82.5%-18.2pp | 82.5%-18.2pp |
| Annual return | 15.08% | 64.34%-49.3pp | 71.41%-56.3pp | 345.46%-330.4pp |
| Employer contribution / active EE | $1,072 | $5,263-79.6% | $4,736-77.4% | $4,764-77.5% |
| Participant deferral / active EE | $1,708 | $7,111-76.0% | $6,710-74.5% | $5,851-70.8% |
| Admin fee / account holder | $990 | $12,126-91.8% | $10,265-90.4% | $11,601-91.5% |