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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 | $35,438 | $37,156-4.6% | $83,854-57.7% | $86,983-59.3% |
| Participation rate | 19.7% | 49.1%-29.3pp | 59.1%-39.4pp | 69.5%-49.8pp |
| Annual return | 17.48% | 29.88%-12.4pp | 31.39%-13.9pp | 25.83%-8.4pp |
| Employer contribution / active EE | $0 | $661-100.0% | $1,017-100.0% | $2,584-100.0% |
| Participant deferral / active EE | $1,313 | $1,418-7.4% | $2,035-35.5% | $4,194-68.7% |
| Admin fee / account holder | $594 | $2,510-76.3% | $3,197-81.4% | $7,856-92.4% |