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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 | $37,056 | $76,407-51.5% | $150,298-75.3% | $82,448-55.1% |
| Participation rate | 22.5% | 66.4%-43.9pp | 77.8%-55.3pp | 68.1%-45.6pp |
| Annual return | 16.11% | 39.99%-23.9pp | 62.79%-46.7pp | 41.64%-25.5pp |
| Employer contribution / active EE | $0 | $2,614-100.0% | $4,154-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $919 | $3,214-71.4% | $5,453-83.1% | $4,139-77.8% |
| Admin fee / account holder | $2,140 | $6,352-66.3% | $14,116-84.8% | $7,234-70.4% |