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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 | $81,227 | $88,672-8.4% | $105,223-22.8% | $82,448-1.5% |
| Participation rate | 27.4% | 67.9%-40.5pp | 75.0%-47.7pp | 68.1%-40.7pp |
| Annual return | 14.72% | 30.86%-16.1pp | 180.65%-165.9pp | 41.64%-26.9pp |
| Employer contribution / active EE | $0 | $3,048-100.0% | $3,689-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $2,070 | $4,036-48.7% | $5,072-59.2% | $4,139-50.0% |
| Admin fee / account holder | $2,296 | $7,146-67.9% | $8,859-74.1% | $7,234-68.3% |