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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 | $38,627 | $43,075-10.3% | $74,577-48.2% | $62,881-38.6% |
| Participation rate | 34.1% | 58.1%-24.0pp | 68.1%-34.0pp | 69.3%-35.2pp |
| Annual return | 4.98% | 17.50%-12.5pp | 20.47%-15.5pp | 20.14%-15.2pp |
| Employer contribution / active EE | $0 | $1,498-100.0% | $2,525-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $1,393 | $2,389-41.7% | $3,458-59.7% | $3,203-56.5% |
| Admin fee / account holder | $7,992 | $2,840+181.4% | $4,138+93.1% | $4,296+86.0% |