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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 | $87,465+42.2% | $122,979+1.1% | $65,306+90.4% |
| Participation rate | 37.6% | 66.0%-28.4pp | 77.2%-39.6pp | 57.7%-20.1pp |
| Annual return | 15.28% | 19.76%-4.5pp | 20.12%-4.8pp | 21.94%-6.7pp |
| Employer contribution / active EE | $0 | $2,156-100.0% | $3,062-100.0% | $1,967-100.0% |
| Participant deferral / active EE | $1,357 | $3,705-63.4% | $5,003-72.9% | $2,959-54.2% |
| Admin fee / account holder | $2,050 | $5,100-59.8% | $12,864-84.1% | $3,480-41.1% |