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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 | $109,438 | $86,919+25.9% | $102,457+6.8% | $80,911+35.3% |
| Participation rate | 51.2% | 72.4%-21.1pp | 76.5%-25.2pp | 67.6%-16.4pp |
| Annual return | 12.90% | 18.90%-6.0pp | 29.41%-16.5pp | 35.63%-22.7pp |
| Employer contribution / active EE | $2,222 | $2,368-6.2% | $3,022-26.5% | $2,756-19.4% |
| Participant deferral / active EE | $348 | $4,119-91.6% | $5,054-93.1% | $4,297-91.9% |
| Admin fee / account holder | $22,312 | $8,049+177.2% | $9,451+136.1% | $6,935+221.7% |