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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 | $18,882 | $36,948-48.9% | $73,658-74.4% | $87,485-78.4% |
| Participation rate | 15.1% | 46.8%-31.7pp | 57.0%-41.9pp | 68.9%-53.8pp |
| Annual return | 20.08% | 28.64%-8.6pp | 29.72%-9.6pp | 26.06%-6.0pp |
| Employer contribution / active EE | $0 | $670-100.0% | $1,032-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $560 | $1,379-59.4% | $2,062-72.9% | $4,274-86.9% |
| Admin fee / account holder | $403 | $2,531-84.1% | $3,357-88.0% | $7,775-94.8% |