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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 | $39,314 | $81,504-51.8% | $102,437-61.6% | $80,959-51.4% |
| Participation rate | 21.4% | 66.9%-45.4pp | 74.5%-53.1pp | 67.7%-46.2pp |
| Annual return | 12.27% | 25.60%-13.3pp | 24.95%-12.7pp | 35.67%-23.4pp |
| Employer contribution / active EE | $1,247 | $3,104-59.8% | $3,871-67.8% | $2,757-54.8% |
| Participant deferral / active EE | $2,489 | $3,871-35.7% | $5,060-50.8% | $4,300-42.1% |
| Admin fee / account holder | $6,565 | $6,719-2.3% | $8,388-21.7% | $6,925-5.2% |