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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 | $139,298 | $199,109-30.0% | $173,730-19.8% | $154,746-10.0% |
| Participation rate | 37.5% | 82.8%-45.3pp | 79.6%-42.1pp | 80.7%-43.2pp |
| Annual return | 15.32% | 20.02%-4.7pp | 19.96%-4.6pp | 172.34%-157.0pp |
| Employer contribution / active EE | $0 | $5,311-100.0% | $4,577-100.0% | $4,379-100.0% |
| Participant deferral / active EE | $887 | $7,113-87.5% | $6,326-86.0% | $6,730-86.8% |
| Admin fee / account holder | $12,990 | $20,916-37.9% | $17,523-25.9% | $14,365-9.6% |