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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 | $28,736 | $48,364-40.6% | $71,796-60.0% | $62,881-54.3% |
| Participation rate | 38.1% | 60.6%-22.5pp | 69.1%-31.0pp | 69.3%-31.2pp |
| Annual return | 6.38% | 13.16%-6.8pp | 78.04%-71.7pp | 20.14%-13.8pp |
| Employer contribution / active EE | $709 | $1,042-32.0% | $1,924-63.2% | $2,281-68.9% |
| Participant deferral / active EE | $1,059 | $2,091-49.4% | $2,794-62.1% | $3,203-67.0% |
| Admin fee / account holder | $1,397 | $3,771-62.9% | $4,815-71.0% | $4,296-67.5% |