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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 | $22,267 | $35,183-36.7% | $73,550-69.7% | $70,126-68.2% |
| Participation rate | 23.5% | 42.9%-19.4pp | 54.9%-31.4pp | 69.5%-46.0pp |
| Annual return | 18.73% | 26.90%-8.2pp | -15.16%+33.9pp | 73.15%-54.4pp |
| Employer contribution / active EE | $305 | $709-56.9% | $1,219-74.9% | $2,343-87.0% |
| Participant deferral / active EE | $1,059 | $1,220-13.2% | $1,804-41.3% | $3,332-68.2% |
| Admin fee / account holder | $6,258 | $2,302+171.8% | $2,320+169.8% | $4,645+34.7% |