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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 | $33,955 | $81,446-58.3% | $103,374-67.2% | $80,874-58.0% |
| Participation rate | 36.1% | 66.9%-30.7pp | 74.5%-38.4pp | 67.6%-31.5pp |
| Annual return | 19.76% | 25.57%-5.8pp | 24.89%-5.1pp | 35.62%-15.9pp |
| Employer contribution / active EE | $0 | $3,107-100.0% | $3,869-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $2,248 | $3,870-41.9% | $5,058-55.6% | $4,297-47.7% |
| Admin fee / account holder | $793 | $6,715-88.2% | $8,394-90.5% | $6,935-88.6% |