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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 | $57,057+202.6% | $85,009+103.1% | $80,874+113.5% |
| Participation rate | 24.0% | 56.4%-32.4pp | 67.5%-43.5pp | 67.6%-43.6pp |
| Annual return | 13.47% | 21.66%-8.2pp | 66.47%-53.0pp | 35.62%-22.1pp |
| Employer contribution / active EE | $0 | $1,799-100.0% | $2,728-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $2,532 | $3,112-18.6% | $4,522-44.0% | $4,297-41.1% |
| Admin fee / account holder | $2,215 | $4,986-55.6% | $6,153-64.0% | $6,935-68.1% |