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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 | $22,207 | $58,587-62.1% | $83,322-73.3% | $64,173-65.4% |
| Participation rate | 45.0% | 72.0%-27.0pp | 77.8%-32.8pp | 69.6%-24.6pp |
| Annual return | -6.74% | 9.65%-16.4pp | 10.64%-17.4pp | 7.63%-14.4pp |
| Employer contribution / active EE | $1,295 | $2,098-38.3% | $3,379-61.7% | $2,381-45.6% |
| Participant deferral / active EE | $2,005 | $4,654-56.9% | $5,565-64.0% | $3,470-42.2% |
| Admin fee / account holder | $1,507 | $9,279-83.8% | $7,540-80.0% | $4,887-69.2% |