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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 | $107,269 | $97,550+10.0% | $120,344-10.9% | $87,485+22.6% |
| Participation rate | 10.0% | 72.8%-62.8pp | 76.7%-66.7pp | 68.9%-58.9pp |
| Annual return | 13.72% | 18.41%-4.7pp | 20.30%-6.6pp | 26.06%-12.3pp |
| Employer contribution / active EE | $0 | $2,291-100.0% | $3,020-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $763 | $4,230-82.0% | $5,135-85.1% | $4,274-82.1% |
| Admin fee / account holder | $3,635 | $9,543-61.9% | $12,742-71.5% | $7,775-53.2% |