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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $55,411 | $60,349-8.2% | $74,184-25.3% | $62,881-11.9% |
| Participation rate | 39.0% | 72.7%-33.7pp | 76.6%-37.6pp | 69.3%-30.3pp |
| Annual return | 6.62% | 21.38%-14.8pp | 17.74%-11.1pp | 20.14%-13.5pp |
| Employer contribution / active EE | $0 | $1,680-100.0% | $2,370-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $5,405 | $2,856+89.2% | $3,550+52.3% | $3,203+68.7% |
| Admin fee / account holder | $14,773 | $4,261+246.7% | $5,586+164.5% | $4,296+243.9% |