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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 | $95,453+12.4% | $112,040-4.3% | $82,448+30.1% |
| Participation rate | 10.0% | 72.8%-62.8pp | 76.5%-66.5pp | 68.1%-58.1pp |
| Annual return | 13.72% | 23.92%-10.2pp | 24.52%-10.8pp | 41.64%-27.9pp |
| Employer contribution / active EE | $0 | $2,318-100.0% | $2,954-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $763 | $4,224-81.9% | $5,098-85.0% | $4,139-81.6% |
| Admin fee / account holder | $3,635 | $9,013-59.7% | $12,098-70.0% | $7,234-49.8% |