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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 | $103,946 | $166,242-37.5% | $165,071-37.0% | $145,884-28.7% |
| Participation rate | 42.9% | 82.0%-39.2pp | 78.6%-35.8pp | 80.3%-37.4pp |
| Annual return | 13.61% | 100.44%-86.8pp | 70.17%-56.6pp | 551.85%-538.2pp |
| Employer contribution / active EE | $0 | $5,283-100.0% | $4,347-100.0% | $4,662-100.0% |
| Participant deferral / active EE | $1,051 | $6,964-84.9% | $6,035-82.6% | $6,690-84.3% |
| Admin fee / account holder | $384 | $16,658-97.7% | $12,695-97.0% | $13,392-97.1% |