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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 | $55,760 | $76,551-27.2% | $123,894-55.0% | $62,881-11.3% |
| Participation rate | 46.0% | 73.0%-27.0pp | 81.4%-35.4pp | 69.3%-23.3pp |
| Annual return | 10.45% | 18.68%-8.2pp | 47.52%-37.1pp | 20.14%-9.7pp |
| Employer contribution / active EE | $0 | $2,882-100.0% | $4,617-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $2,264 | $4,840-53.2% | $5,984-62.2% | $3,203-29.3% |
| Admin fee / account holder | $4,691 | $4,826-2.8% | $8,357-43.9% | $4,296+9.2% |