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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 | $53,391 | $56,894-6.2% | $84,753-37.0% | $62,881-15.1% |
| Participation rate | 57.0% | 68.5%-11.5pp | 76.6%-19.6pp | 69.3%-12.3pp |
| Annual return | 6.44% | 6.30%+0.1pp | 22.78%-16.3pp | 20.14%-13.7pp |
| Employer contribution / active EE | $0 | $2,400-100.0% | $3,574-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $1,456 | $2,709-46.3% | $3,712-60.8% | $3,203-54.5% |
| Admin fee / account holder | $3,406 | $3,581-4.9% | $5,333-36.1% | $4,296-20.7% |