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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 | $89,822 | $71,523+25.6% | $98,461-8.8% | $71,511+25.6% |
| Participation rate | 32.4% | 72.7%-40.3pp | 75.2%-42.8pp | 67.9%-35.5pp |
| Annual return | 14.55% | 32.43%-17.9pp | 21.17%-6.6pp | 28.86%-14.3pp |
| Employer contribution / active EE | $1,046 | $2,399-56.4% | $3,049-65.7% | $2,589-59.6% |
| Participant deferral / active EE | $1,785 | $4,109-56.6% | $4,738-62.3% | $4,291-58.4% |
| Admin fee / account holder | $4,099 | $1,676+144.6% | $8,961-54.3% | $1,588+158.1% |