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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 | $73,663 | $101,795-27.6% | $165,100-55.4% | $80,959-9.0% |
| Participation rate | 56.5% | 71.8%-15.3pp | 78.6%-22.1pp | 67.7%-11.1pp |
| Annual return | 13.13% | 16.73%-3.6pp | 70.21%-57.1pp | 35.67%-22.5pp |
| Employer contribution / active EE | $0 | $2,954-100.0% | $4,348-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $2,982 | $4,476-33.4% | $6,035-50.6% | $4,300-30.7% |
| Admin fee / account holder | $8,321 | $8,221+1.2% | $12,696-34.5% | $6,925+20.2% |