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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 | $24,069 | $93,064-74.1% | $74,577-67.7% | $273,972-91.2% |
| Participation rate | 45.0% | 74.9%-29.9pp | 68.1%-23.1pp | 83.0%-38.0pp |
| Annual return | 6.96% | 26.18%-19.2pp | 20.47%-13.5pp | 41.46%-34.5pp |
| Employer contribution / active EE | $975 | $3,160-69.1% | $2,525-61.4% | $4,869-80.0% |
| Participant deferral / active EE | $1,811 | $4,160-56.5% | $3,458-47.6% | $5,287-65.8% |
| Admin fee / account holder | $1,040 | $5,273-80.3% | $4,138-74.9% | $10,133-89.7% |