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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 | $69,340 | $105,623-34.4% | $87,502-20.8% | $273,972-74.7% |
| Participation rate | 53.3% | 78.2%-24.9pp | 73.8%-20.5pp | 83.0%-29.7pp |
| Annual return | 2.27% | 12.26%-10.0pp | 12.21%-9.9pp | 41.46%-39.2pp |
| Employer contribution / active EE | $0 | $3,141-100.0% | $2,550-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $1,565 | $3,601-56.5% | $3,149-50.3% | $5,287-70.4% |
| Admin fee / account holder | $1,788 | $4,781-62.6% | $4,221-57.6% | $10,133-82.4% |