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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 | $40,615 | $96,558-57.9% | $80,977-49.8% | $273,972-85.2% |
| Participation rate | 55.6% | 79.1%-23.5pp | 75.8%-20.3pp | 83.0%-27.5pp |
| Annual return | 6.70% | 15.14%-8.4pp | 17.11%-10.4pp | 41.46%-34.8pp |
| Employer contribution / active EE | $0 | $4,869-100.0% | $3,715-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $2,639 | $6,598-60.0% | $5,696-53.7% | $5,287-50.1% |
| Admin fee / account holder | $916 | $7,493-87.8% | $5,517-83.4% | $10,133-91.0% |