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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 | $23,557 | $64,359-63.4% | $90,161-73.9% | $70,126-66.4% |
| Participation rate | 56.7% | 70.4%-13.8pp | 76.9%-20.2pp | 69.5%-12.9pp |
| Annual return | 19.05% | 28.13%-9.1pp | 34.89%-15.8pp | 73.15%-54.1pp |
| Employer contribution / active EE | $0 | $2,046-100.0% | $3,318-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $3,296 | $4,389-24.9% | $5,287-37.7% | $3,332-1.1% |
| Admin fee / account holder | $666 | $3,945-83.1% | $5,943-88.8% | $4,645-85.7% |