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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 | $62,241 | $99,345-37.3% | $84,753-26.6% | $273,972-77.3% |
| Participation rate | 38.5% | 80.7%-42.2pp | 76.6%-38.1pp | 83.0%-44.6pp |
| Annual return | 3.72% | 22.93%-19.2pp | 22.78%-19.1pp | 41.46%-37.7pp |
| Employer contribution / active EE | $805 | $4,214-80.9% | $3,574-77.5% | $4,869-83.5% |
| Participant deferral / active EE | $3,043 | $4,270-28.7% | $3,712-18.0% | $5,287-42.4% |
| Admin fee / account holder | $1,801 | $6,645-72.9% | $5,333-66.2% | $10,133-82.2% |