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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 | $39,843 | $78,520-49.3% | $96,576-58.7% | $82,448-51.7% |
| Participation rate | 28.4% | 77.7%-49.3pp | 81.4%-53.0pp | 68.1%-39.6pp |
| Annual return | 17.78% | 41.30%-23.5pp | 38.47%-20.7pp | 41.64%-23.9pp |
| Employer contribution / active EE | $0 | $2,630-100.0% | $3,553-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $3,484 | $6,754-48.4% | $7,956-56.2% | $4,139-15.8% |
| Admin fee / account holder | $1,002 | $13,455-92.6% | $11,381-91.2% | $7,234-86.2% |