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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 | $163,071 | $81,476+100.1% | $102,383+59.3% | $80,925+101.5% |
| Participation rate | 29.3% | 66.8%-37.5pp | 74.5%-45.2pp | 67.7%-38.3pp |
| Annual return | 11.86% | 25.59%-13.7pp | 24.94%-13.1pp | 35.65%-23.8pp |
| Employer contribution / active EE | $938 | $3,105-69.8% | $3,870-75.8% | $2,756-66.0% |
| Participant deferral / active EE | $1,443 | $3,871-62.7% | $5,060-71.5% | $4,299-66.4% |
| Admin fee / account holder | $4,214 | $6,717-37.3% | $8,391-49.8% | $6,940-39.3% |