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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 | $208,229 | $124,314+67.5% | $109,163+90.8% | $167,518+24.3% |
| Participation rate | 45.0% | 79.4%-34.4pp | 75.9%-30.9pp | 82.1%-37.1pp |
| Annual return | 14.34% | 26.04%-11.7pp | 25.75%-11.4pp | 478.71%-464.4pp |
| Employer contribution / active EE | $0 | $4,209-100.0% | $3,723-100.0% | $4,838-100.0% |
| Participant deferral / active EE | $1,403 | $5,256-73.3% | $4,654-69.9% | $6,342-77.9% |
| Admin fee / account holder | $8,448 | $7,973+6.0% | $6,754+25.1% | $12,312-31.4% |