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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 | $214,692 | $71,230+201.4% | $93,727+129.1% | $80,959+165.2% |
| Participation rate | 37.8% | 60.4%-22.6pp | 68.7%-30.9pp | 67.7%-29.8pp |
| Annual return | 10.55% | 11.26%-0.7pp | 133.83%-123.3pp | 35.67%-25.1pp |
| Employer contribution / active EE | $474 | $1,565-69.7% | $2,421-80.4% | $2,757-82.8% |
| Participant deferral / active EE | $794 | $4,037-80.3% | $4,417-82.0% | $4,300-81.5% |
| Admin fee / account holder | $6,515 | $6,961-6.4% | $8,292-21.4% | $6,925-5.9% |