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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 | $23,553 | $60,349-61.0% | $74,184-68.3% | $62,881-62.5% |
| Participation rate | 31.0% | 72.7%-41.7pp | 76.6%-45.6pp | 69.3%-38.3pp |
| Annual return | 12.51% | 21.38%-8.9pp | 17.74%-5.2pp | 20.14%-7.6pp |
| Employer contribution / active EE | $780 | $1,680-53.6% | $2,370-67.1% | $2,281-65.8% |
| Participant deferral / active EE | $1,472 | $2,856-48.5% | $3,550-58.5% | $3,203-54.0% |
| Admin fee / account holder | $951 | $4,261-77.7% | $5,586-83.0% | $4,296-77.9% |