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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 | $149,620 | $101,798+47.0% | $165,071-9.4% | $80,935+84.9% |
| Participation rate | 38.7% | 71.8%-33.1pp | 78.6%-39.9pp | 67.7%-29.0pp |
| Annual return | 14.73% | 16.73%-2.0pp | 70.17%-55.4pp | 35.66%-20.9pp |
| Employer contribution / active EE | $0 | $2,954-100.0% | $4,347-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $660 | $4,476-85.3% | $6,035-89.1% | $4,299-84.6% |
| Admin fee / account holder | $16,837 | $8,221+104.8% | $12,695+32.6% | $6,924+143.2% |