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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 | $15,226 | $73,863-79.4% | $143,797-89.4% | $68,490-77.8% |
| Participation rate | 32.9% | 66.7%-33.7pp | 80.3%-47.4pp | 67.9%-35.0pp |
| Annual return | 0.00% | 0.91%-0.9pp | -0.04%0pp | -7.85%+7.9pp |
| Employer contribution / active EE | $571 | $3,185-82.1% | $4,952-88.5% | $2,597-78.0% |
| Participant deferral / active EE | $1,615 | $3,385-52.3% | $5,638-71.4% | $4,028-59.9% |
| Admin fee / account holder | $1,426 | $5,756-75.2% | $14,679-90.3% | $5,403-73.6% |