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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 | $145,264 | $59,804+142.9% | $81,982+77.2% | $79,856+81.9% |
| Participation rate | 11.1% | 61.6%-50.5pp | 69.3%-58.1pp | 69.6%-58.5pp |
| Annual return | 13.85% | 17.56%-3.7pp | 41.31%-27.5pp | 31.71%-17.9pp |
| Employer contribution / active EE | $395 | $1,713-77.0% | $2,498-84.2% | $2,471-84.0% |
| Participant deferral / active EE | $809 | $2,695-70.0% | $3,722-78.3% | $3,741-78.4% |
| Admin fee / account holder | $8,363 | $4,288+95.0% | $5,665+47.6% | $5,306+57.6% |