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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 | $56,906 | $62,589-9.1% | $76,768-25.9% | $64,173-11.3% |
| Participation rate | 59.5% | 72.8%-13.3pp | 77.0%-17.4pp | 69.6%-10.0pp |
| Annual return | -5.53% | -1.95%-3.6pp | 2.43%-8.0pp | 7.63%-13.2pp |
| Employer contribution / active EE | $1,693 | $1,832-7.6% | $2,485-31.9% | $2,381-28.9% |
| Participant deferral / active EE | $3,740 | $3,145+18.9% | $3,852-2.9% | $3,470+7.8% |
| Admin fee / account holder | $5,354 | $4,667+14.7% | $6,675-19.8% | $4,887+9.6% |