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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer 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 | $65,739 | $167,415-60.7% | $140,514-53.2% | $198,609-66.9% |
| Participation rate | 60.9% | 80.9%-20.0pp | 77.8%-16.9pp | 82.4%-21.5pp |
| Annual return | 10.23% | 13.85%-3.6pp | 14.36%-4.1pp | 202.70%-192.5pp |
| Employer contribution / active EE | $0 | $4,088-100.0% | $3,378-100.0% | $5,055-100.0% |
| Participant deferral / active EE | $4,353 | $5,579-22.0% | $4,919-11.5% | $6,977-37.6% |
| Admin fee / account holder | $2,222 | $16,730-86.7% | $13,697-83.8% | $19,030-88.3% |