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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 | $45,359 | $56,287-19.4% | $80,977-44.0% | $62,881-27.9% |
| Participation rate | 55.8% | 68.9%-13.1pp | 75.8%-20.0pp | 69.3%-13.5pp |
| Annual return | 5.83% | 22.13%-16.3pp | 17.11%-11.3pp | 20.14%-14.3pp |
| Employer contribution / active EE | $2,044 | $1,943+5.2% | $3,715-45.0% | $2,281-10.4% |
| Participant deferral / active EE | $3,196 | $4,196-23.8% | $5,696-43.9% | $3,203-0.2% |
| Admin fee / account holder | $2,275 | $3,742-39.2% | $5,517-58.8% | $4,296-47.0% |