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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer 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 | $172,639 | $57,140+202.1% | $85,240+102.5% | $80,959+113.2% |
| Participation rate | 24.0% | 56.4%-32.4pp | 67.5%-43.5pp | 67.7%-43.7pp |
| Annual return | 13.47% | 21.71%-8.2pp | 66.75%-53.3pp | 35.67%-22.2pp |
| Employer contribution / active EE | $0 | $1,802-100.0% | $2,735-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $2,532 | $3,115-18.7% | $4,527-44.1% | $4,300-41.1% |
| Admin fee / account holder | $2,215 | $4,992-55.6% | $6,165-64.1% | $6,925-68.0% |