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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 | $23,033 | $72,027-68.0% | $185,861-87.6% | $79,856-71.2% |
| Participation rate | 21.7% | 65.8%-44.0pp | 78.0%-56.3pp | 69.6%-47.9pp |
| Annual return | 14.82% | 23.13%-8.3pp | 35.96%-21.1pp | 31.71%-16.9pp |
| Employer contribution / active EE | $0 | $1,965-100.0% | $4,088-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $2,425 | $3,780-35.8% | $5,634-56.9% | $3,741-35.2% |
| Admin fee / account holder | $8,048 | $4,513+78.3% | $9,503-15.3% | $5,306+51.7% |