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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 | $35,673 | $56,287-36.6% | $80,977-55.9% | $62,881-43.3% |
| Participation rate | 57.4% | 68.9%-11.5pp | 75.8%-18.4pp | 69.3%-11.9pp |
| Annual return | 6.37% | 22.13%-15.8pp | 17.11%-10.7pp | 20.14%-13.8pp |
| Employer contribution / active EE | $0 | $1,943-100.0% | $3,715-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $2,034 | $4,196-51.5% | $5,696-64.3% | $3,203-36.5% |
| Admin fee / account holder | $4,615 | $3,742+23.3% | $5,517-16.3% | $4,296+7.4% |