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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 | $20,574 | $73,863-72.1% | $143,797-85.7% | $68,490-70.0% |
| Participation rate | 40.5% | 66.7%-26.2pp | 80.3%-39.8pp | 67.9%-27.4pp |
| Annual return | -15.59% | 0.91%-16.5pp | -0.04%-15.6pp | -7.85%-7.7pp |
| Employer contribution / active EE | $0 | $3,185-100.0% | $4,952-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $1,550 | $3,385-54.2% | $5,638-72.5% | $4,028-61.5% |
| Admin fee / account holder | $997 | $5,756-82.7% | $14,679-93.2% | $5,403-81.5% |