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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 | $28,555 | $53,546-46.7% | $69,890-59.1% | $68,490-58.3% |
| Participation rate | 20.8% | 64.5%-43.7pp | 70.5%-49.7pp | 67.9%-47.1pp |
| Annual return | 7.18% | -13.87%+21.0pp | 190.84%-183.7pp | -7.85%+15.0pp |
| Employer contribution / active EE | $0 | $2,019-100.0% | $2,560-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $2,417 | $2,957-18.2% | $3,848-37.2% | $4,028-40.0% |
| Admin fee / account holder | $3,999 | $4,693-14.8% | $6,267-36.2% | $5,403-26.0% |