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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 | $40,449 | $86,919-53.5% | $102,457-60.5% | $80,911-50.0% |
| Participation rate | 31.7% | 72.4%-40.7pp | 76.5%-44.8pp | 67.6%-35.9pp |
| Annual return | 15.68% | 18.90%-3.2pp | 29.41%-13.7pp | 35.63%-20.0pp |
| Employer contribution / active EE | $0 | $2,368-100.0% | $3,022-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $2,507 | $4,119-39.1% | $5,054-50.4% | $4,297-41.7% |
| Admin fee / account holder | $5,713 | $8,049-29.0% | $9,451-39.6% | $6,935-17.6% |