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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 | $124,356 | $81,334+52.9% | $113,397+9.7% | $64,097+94.0% |
| Participation rate | 37.6% | 65.6%-28.1pp | 76.5%-38.9pp | 55.2%-17.6pp |
| Annual return | 15.28% | 32.50%-17.2pp | 23.20%-7.9pp | 34.64%-19.4pp |
| Employer contribution / active EE | $0 | $2,077-100.0% | $2,977-100.0% | $1,891-100.0% |
| Participant deferral / active EE | $1,357 | $3,795-64.3% | $5,076-73.3% | $3,080-55.9% |
| Admin fee / account holder | $2,050 | $4,208-51.3% | $11,957-82.9% | $3,454-40.7% |