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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 | $95,955 | $60,349+59.0% | $74,184+29.3% | $62,881+52.6% |
| Participation rate | 14.3% | 72.7%-58.4pp | 76.6%-62.3pp | 69.3%-55.0pp |
| Annual return | 6.31% | 21.38%-15.1pp | 17.74%-11.4pp | 20.14%-13.8pp |
| Employer contribution / active EE | $388 | $1,680-76.9% | $2,370-83.6% | $2,281-83.0% |
| Participant deferral / active EE | $730 | $2,856-74.5% | $3,550-79.4% | $3,203-77.2% |
| Admin fee / account holder | $2,782 | $4,261-34.7% | $5,586-50.2% | $4,296-35.2% |