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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 | $35,769 | $39,132-8.6% | $57,196-37.5% | $62,881-43.1% |
| Participation rate | 52.0% | 70.5%-18.5pp | 75.3%-23.3pp | 69.3%-17.3pp |
| Annual return | 4.66% | 9.24%-4.6pp | 14.59%-9.9pp | 20.14%-15.5pp |
| Employer contribution / active EE | $0 | $1,874-100.0% | $2,683-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $1,392 | $2,374-41.4% | $3,096-55.1% | $3,203-56.5% |
| Admin fee / account holder | $5,262 | $2,594+102.9% | $3,141+67.6% | $4,296+22.5% |