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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 | $93,348 | $86,949+7.4% | $102,460-8.9% | $80,959+15.3% |
| Participation rate | 27.7% | 72.4%-44.7pp | 76.5%-48.8pp | 67.7%-40.0pp |
| Annual return | 13.71% | 18.89%-5.2pp | 29.47%-15.8pp | 35.67%-22.0pp |
| Employer contribution / active EE | $0 | $2,370-100.0% | $3,025-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $1,067 | $4,121-74.1% | $5,056-78.9% | $4,300-75.2% |
| Admin fee / account holder | $24,656 | $8,048+206.4% | $9,460+160.6% | $6,925+256.0% |