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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 | $33,955 | $81,504-58.3% | $102,437-66.9% | $80,959-58.1% |
| Participation rate | 36.1% | 66.9%-30.7pp | 74.5%-38.4pp | 67.7%-31.6pp |
| Annual return | 19.76% | 25.60%-5.8pp | 24.95%-5.2pp | 35.67%-15.9pp |
| Employer contribution / active EE | $0 | $3,104-100.0% | $3,871-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $2,248 | $3,871-41.9% | $5,060-55.6% | $4,300-47.7% |
| Admin fee / account holder | $793 | $6,719-88.2% | $8,388-90.5% | $6,925-88.5% |