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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 | $41,859 | $52,306-20.0% | $69,779-40.0% | $62,881-33.4% |
| Participation rate | 40.0% | 67.2%-27.2pp | 71.8%-31.8pp | 69.3%-29.3pp |
| Annual return | 5.96% | 13.35%-7.4pp | 12.99%-7.0pp | 20.14%-14.2pp |
| Employer contribution / active EE | $0 | $1,799-100.0% | $2,338-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $2,750 | $2,395+14.8% | $2,931-6.2% | $3,203-14.1% |
| Admin fee / account holder | $3,511 | $3,691-4.9% | $4,381-19.9% | $4,296-18.3% |