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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 | $31,439 | $46,877-32.9% | $122,354-74.3% | $70,124-55.2% |
| Participation rate | 55.6% | 58.2%-2.7pp | 71.6%-16.1pp | 69.5%-14.0pp |
| Annual return | 18.13% | 24.22%-6.1pp | 30.28%-12.1pp | 73.14%-55.0pp |
| Employer contribution / active EE | $0 | $1,288-100.0% | $4,051-100.0% | $2,342-100.0% |
| Participant deferral / active EE | $1,901 | $2,167-12.3% | $3,287-42.2% | $3,332-43.0% |
| Admin fee / account holder | $2,590 | $3,324-22.1% | $5,479-52.7% | $4,645-44.2% |