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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 | $185,312-67.0% | $161,489-62.1% | $154,746-60.5% |
| Participation rate | 27.8% | 82.5%-54.7pp | 78.7%-50.9pp | 80.7%-52.9pp |
| Annual return | 13.52% | 103.84%-90.3pp | 89.72%-76.2pp | 172.34%-158.8pp |
| Employer contribution / active EE | $2,778 | $4,769-41.8% | $4,268-34.9% | $4,379-36.6% |
| Participant deferral / active EE | $1,493 | $6,350-76.5% | $5,630-73.5% | $6,730-77.8% |
| Admin fee / account holder | $2,272 | $18,654-87.8% | $16,006-85.8% | $14,365-84.2% |