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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 | $29,925 | $81,504-63.3% | $102,437-70.8% | $80,959-63.0% |
| Participation rate | 39.1% | 66.9%-27.7pp | 74.5%-35.4pp | 67.7%-28.5pp |
| Annual return | 11.01% | 25.60%-14.6pp | 24.95%-13.9pp | 35.67%-24.7pp |
| Employer contribution / active EE | $2,015 | $3,104-35.1% | $3,871-47.9% | $2,757-26.9% |
| Participant deferral / active EE | $2,238 | $3,871-42.2% | $5,060-55.8% | $4,300-48.0% |
| Admin fee / account holder | $4,484 | $6,719-33.3% | $8,388-46.5% | $6,925-35.2% |