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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 | $213,785-34.8% | $185,441-24.9% | $155,188-10.2% |
| Participation rate | 37.5% | 83.2%-45.7pp | 80.3%-42.8pp | 80.8%-43.3pp |
| Annual return | 15.32% | 19.97%-4.6pp | 20.16%-4.8pp | 148.84%-133.5pp |
| Employer contribution / active EE | $0 | $5,393-100.0% | $4,672-100.0% | $4,248-100.0% |
| Participant deferral / active EE | $887 | $6,864-87.1% | $6,152-85.6% | $6,531-86.4% |
| Admin fee / account holder | $12,990 | $21,134-38.5% | $17,890-27.4% | $14,480-10.3% |