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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 | $92,148 | $71,873+28.2% | $86,698+6.3% | $68,490+34.5% |
| Participation rate | 46.9% | 72.2%-25.4pp | 76.6%-29.7pp | 67.9%-21.0pp |
| Annual return | -5.07% | 3.54%-8.6pp | 35.96%-41.0pp | -7.85%+2.8pp |
| Employer contribution / active EE | $0 | $2,173-100.0% | $2,837-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $1,460 | $3,779-61.4% | $4,656-68.7% | $4,028-63.8% |
| Admin fee / account holder | $953 | $6,110-84.4% | $7,492-87.3% | $5,403-82.4% |