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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 | $28,263 | $56,894-50.3% | $84,753-66.7% | $62,881-55.1% |
| Participation rate | 63.4% | 68.5%-5.1pp | 76.6%-13.2pp | 69.3%-5.9pp |
| Annual return | 6.23% | 6.30%-0.1pp | 22.78%-16.6pp | 20.14%-13.9pp |
| Employer contribution / active EE | $1,446 | $2,400-39.8% | $3,574-59.6% | $2,281-36.6% |
| Participant deferral / active EE | $2,537 | $2,709-6.4% | $3,712-31.7% | $3,203-20.8% |
| Admin fee / account holder | $4,845 | $3,581+35.3% | $5,333-9.1% | $4,296+12.8% |