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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 | $21,835 | $41,377-47.2% | $109,313-80.0% | $62,881-65.3% |
| Participation rate | 32.0% | 57.5%-25.5pp | 71.3%-39.3pp | 69.3%-37.3pp |
| Annual return | 7.40% | 11.05%-3.7pp | 22.07%-14.7pp | 20.14%-12.7pp |
| Employer contribution / active EE | $607 | $1,276-52.4% | $3,892-84.4% | $2,281-73.4% |
| Participant deferral / active EE | $1,250 | $2,045-38.9% | $3,166-60.5% | $3,203-61.0% |
| Admin fee / account holder | $817 | $2,884-71.7% | $5,666-85.6% | $4,296-81.0% |