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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 | $98,578 | $50,082+96.8% | $93,515+5.4% | $79,856+23.4% |
| Participation rate | 29.3% | 60.9%-31.7pp | 66.8%-37.6pp | 69.6%-40.4pp |
| Annual return | 16.93% | 24.59%-7.7pp | 78.21%-61.3pp | 31.71%-14.8pp |
| Employer contribution / active EE | $0 | $1,303-100.0% | $2,077-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $665 | $2,212-70.0% | $3,129-78.8% | $3,741-82.2% |
| Admin fee / account holder | $2,525 | $3,454-26.9% | $5,235-51.8% | $5,306-52.4% |