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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 | $96,265 | $76,551+25.8% | $123,894-22.3% | $62,881+53.1% |
| Participation rate | 20.0% | 73.0%-53.0pp | 81.4%-61.4pp | 69.3%-49.3pp |
| Annual return | 8.35% | 18.68%-10.3pp | 47.52%-39.2pp | 20.14%-11.8pp |
| Employer contribution / active EE | $1,199 | $2,882-58.4% | $4,617-74.0% | $2,281-47.4% |
| Participant deferral / active EE | $1,678 | $4,840-65.3% | $5,984-72.0% | $3,203-47.6% |
| Admin fee / account holder | $17,712 | $4,826+267.0% | $8,357+111.9% | $4,296+312.3% |