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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer 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 | $87,234 | $88,707-1.7% | $74,184+17.6% | $273,972-68.2% |
| Participation rate | 22.7% | 79.4%-56.7pp | 76.6%-53.9pp | 83.0%-60.3pp |
| Annual return | 3.25% | 11.94%-8.7pp | 17.74%-14.5pp | 41.46%-38.2pp |
| Employer contribution / active EE | $0 | $3,159-100.0% | $2,370-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $2,022 | $4,212-52.0% | $3,550-43.0% | $5,287-61.8% |
| Admin fee / account holder | $5,751 | $8,717-34.0% | $5,586+3.0% | $10,133-43.2% |