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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 | $88,139 | $178,174-50.5% | $156,181-43.6% | $137,256-35.8% |
| Participation rate | 44.4% | 82.0%-37.6pp | 78.8%-34.4pp | 80.0%-35.5pp |
| Annual return | 12.63% | 84.19%-71.6pp | 64.87%-52.2pp | 220.34%-207.7pp |
| Employer contribution / active EE | $0 | $4,972-100.0% | $4,294-100.0% | $4,156-100.0% |
| Participant deferral / active EE | $1,842 | $6,888-73.3% | $6,132-70.0% | $6,407-71.2% |
| Admin fee / account holder | $10,783 | $17,404-38.0% | $14,586-26.1% | $12,270-12.1% |