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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 | $52,259 | $60,349-13.4% | $74,184-29.6% | $62,881-16.9% |
| Participation rate | 55.1% | 72.7%-17.7pp | 76.6%-21.6pp | 69.3%-14.2pp |
| Annual return | 4.95% | 21.38%-16.4pp | 17.74%-12.8pp | 20.14%-15.2pp |
| Employer contribution / active EE | $0 | $1,680-100.0% | $2,370-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $2,437 | $2,856-14.7% | $3,550-31.4% | $3,203-23.9% |
| Admin fee / account holder | $7,676 | $4,261+80.2% | $5,586+37.4% | $4,296+78.7% |