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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 | $39,810 | $56,894-30.0% | $84,753-53.0% | $62,881-36.7% |
| Participation rate | 54.5% | 68.5%-14.0pp | 76.6%-22.0pp | 69.3%-14.8pp |
| Annual return | 5.95% | 6.30%-0.4pp | 22.78%-16.8pp | 20.14%-14.2pp |
| Employer contribution / active EE | $753 | $2,400-68.6% | $3,574-78.9% | $2,281-67.0% |
| Participant deferral / active EE | $2,307 | $2,709-14.9% | $3,712-37.9% | $3,203-28.0% |
| Admin fee / account holder | $2,924 | $3,581-18.3% | $5,333-45.2% | $4,296-31.9% |