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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 | $66,003 | $51,708+27.6% | $106,619-38.1% | $62,881+5.0% |
| Participation rate | 57.8% | 66.9%-9.1pp | 78.0%-20.2pp | 69.3%-11.5pp |
| Annual return | 4.83% | 4.69%+0.1pp | 9.42%-4.6pp | 20.14%-15.3pp |
| Employer contribution / active EE | $0 | $1,764-100.0% | $3,947-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $849 | $2,315-63.3% | $3,930-78.4% | $3,203-73.5% |
| Admin fee / account holder | $2,701 | $3,349-19.3% | $6,418-57.9% | $4,296-37.1% |