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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 | $28,319 | $58,600-51.7% | $83,327-66.0% | $64,173-55.9% |
| Participation rate | 53.3% | 72.0%-18.7pp | 77.8%-24.4pp | 69.6%-16.2pp |
| Annual return | -7.45% | 9.66%-17.1pp | 10.64%-18.1pp | 7.63%-15.1pp |
| Employer contribution / active EE | $0 | $2,098-100.0% | $3,379-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $2,175 | $4,656-53.3% | $5,565-60.9% | $3,470-37.3% |
| Admin fee / account holder | $631 | $9,282-93.2% | $7,540-91.6% | $4,887-87.1% |