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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 | $97,506 | $75,963+28.4% | $97,995-0.5% | $70,126+39.0% |
| Participation rate | 62.1% | 77.0%-14.9pp | 82.4%-20.3pp | 69.5%-7.5pp |
| Annual return | 17.95% | 19.26%-1.3pp | 23.94%-6.0pp | 73.15%-55.2pp |
| Employer contribution / active EE | $0 | $3,278-100.0% | $4,158-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $1,017 | $4,053-74.9% | $5,097-80.0% | $3,332-69.5% |
| Admin fee / account holder | $982 | $5,407-81.8% | $5,943-83.5% | $4,645-78.9% |