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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 | $23,586 | $57,119-58.7% | $85,187-72.3% | $80,935-70.9% |
| Participation rate | 33.7% | 56.4%-22.7pp | 67.5%-33.8pp | 67.7%-34.0pp |
| Annual return | 19.03% | 21.70%-2.7pp | 66.67%-47.6pp | 35.66%-16.6pp |
| Employer contribution / active EE | $1,332 | $1,802-26.0% | $2,732-51.2% | $2,757-51.7% |
| Participant deferral / active EE | $2,225 | $3,115-28.6% | $4,525-50.8% | $4,299-48.2% |
| Admin fee / account holder | $3,333 | $4,990-33.2% | $6,162-45.9% | $6,924-51.9% |