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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 | $60,426 | $65,246-7.4% | $98,716-38.8% | $67,986-11.1% |
| Participation rate | 42.1% | 51.4%-9.3pp | 69.3%-27.2pp | 57.2%-15.1pp |
| Annual return | 12.94% | 20.58%-7.6pp | 31.81%-18.9pp | 31.67%-18.7pp |
| Employer contribution / active EE | $898 | $1,042-13.8% | $2,279-60.6% | $2,019-55.5% |
| Participant deferral / active EE | $1,507 | $2,594-41.9% | $4,048-62.8% | $3,358-55.1% |
| Admin fee / account holder | $5,474 | $4,561+20.0% | $8,703-37.1% | $3,203+70.9% |