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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 | $204,781 | $106,749+91.8% | $145,433+40.8% | $82,448+148.4% |
| Participation rate | 30.3% | 75.6%-45.3pp | 82.1%-51.8pp | 68.1%-37.8pp |
| Annual return | 15.09% | 27.59%-12.5pp | 66.58%-51.5pp | 41.64%-26.6pp |
| Employer contribution / active EE | $706 | $3,444-79.5% | $4,554-84.5% | $2,551-72.3% |
| Participant deferral / active EE | $2,383 | $6,519-63.5% | $7,897-69.8% | $4,139-42.4% |
| Admin fee / account holder | $9,610 | $8,390+14.5% | $13,129-26.8% | $7,234+32.8% |