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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 | $22,713 | $76,551-70.3% | $123,894-81.7% | $62,881-63.9% |
| Participation rate | 34.4% | 73.0%-38.6pp | 81.4%-47.0pp | 69.3%-34.9pp |
| Annual return | 0.00% | 18.68%-18.7pp | 47.52%-47.5pp | 20.14%-20.1pp |
| Employer contribution / active EE | $0 | $2,882-100.0% | $4,617-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $4,782 | $4,840-1.2% | $5,984-20.1% | $3,203+49.3% |
| Admin fee / account holder | $1,285 | $4,826-73.4% | $8,357-84.6% | $4,296-70.1% |