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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 | $61,957 | $104,098-40.5% | $140,514-55.9% | $94,015-34.1% |
| Participation rate | 45.0% | 73.7%-28.7pp | 77.8%-32.8pp | 70.8%-25.8pp |
| Annual return | 14.22% | 15.14%-0.9pp | 14.36%-0.1pp | 17.84%-3.6pp |
| Employer contribution / active EE | $1,796 | $2,388-24.8% | $3,378-46.8% | $2,790-35.6% |
| Participant deferral / active EE | $2,990 | $4,033-25.9% | $4,919-39.2% | $4,249-29.6% |
| Admin fee / account holder | $13,032 | $10,439+24.8% | $13,697-4.9% | $8,951+45.6% |