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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 | $24,040 | $46,697-48.5% | $117,533-79.5% | $68,486-64.9% |
| Participation rate | 22.7% | 56.8%-34.0pp | 70.6%-47.9pp | 67.9%-45.2pp |
| Annual return | -17.00% | -14.52%-2.5pp | 29.77%-46.8pp | -7.85%-9.1pp |
| Employer contribution / active EE | $0 | $1,506-100.0% | $4,179-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $1,319 | $2,637-50.0% | $4,072-67.6% | $4,028-67.2% |
| Admin fee / account holder | $2,213 | $4,023-45.0% | $5,647-60.8% | $5,404-59.0% |