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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 | $91,409 | $76,564+19.4% | $105,582-13.4% | $94,015-2.8% |
| Participation rate | 28.1% | 65.2%-37.1pp | 71.8%-43.6pp | 70.8%-42.7pp |
| Annual return | 14.47% | 20.69%-6.2pp | 18.61%-4.1pp | 17.84%-3.4pp |
| Employer contribution / active EE | $0 | $1,995-100.0% | $2,984-100.0% | $2,790-100.0% |
| Participant deferral / active EE | $1,505 | $3,320-54.7% | $4,353-65.4% | $4,249-64.6% |
| Admin fee / account holder | $1,038 | $7,129-85.4% | $12,856-91.9% | $8,951-88.4% |