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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 | $61,130 | $172,111-64.5% | $150,298-59.3% | $137,256-55.5% |
| Participation rate | 27.8% | 81.7%-53.9pp | 77.8%-50.0pp | 80.0%-52.2pp |
| Annual return | 13.52% | 69.37%-55.8pp | 62.79%-49.3pp | 220.34%-206.8pp |
| Employer contribution / active EE | $2,778 | $4,636-40.1% | $4,154-33.1% | $4,156-33.2% |
| Participant deferral / active EE | $1,493 | $6,166-75.8% | $5,453-72.6% | $6,407-76.7% |
| Admin fee / account holder | $2,272 | $16,471-86.2% | $14,116-83.9% | $12,270-81.5% |