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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.)
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $117,093 | $93,064+25.8% | $74,577+57.0% | $273,972-57.3% |
| Participation rate | 60.0% | 74.9%-14.9pp | 68.1%-8.1pp | 83.0%-23.0pp |
| Annual return | 11.33% | 26.18%-14.8pp | 20.47%-9.1pp | 41.46%-30.1pp |
| Employer contribution / active EE | $436 | $3,160-86.2% | $2,525-82.7% | $4,869-91.0% |
| Participant deferral / active EE | $5,490 | $4,160+32.0% | $3,458+58.8% | $5,287+3.8% |
| Admin fee / account holder | $1,100 | $5,273-79.1% | $4,138-73.4% | $10,133-89.1% |