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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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $13,021 | $177,156-92.7% | $147,027-91.1% | $154,746-91.6% |
| Participation rate | 42.9% | 79.4%-36.5pp | 73.7%-30.9pp | 80.7%-37.8pp |
| Annual return | 15.24% | 21.94%-6.7pp | 20.23%-5.0pp | 172.34%-157.1pp |
| Employer contribution / active EE | $1,511 | $4,336-65.2% | $3,626-58.3% | $4,379-65.5% |
| Participant deferral / active EE | $1,598 | $5,797-72.4% | $4,933-67.6% | $6,730-76.3% |
| Admin fee / account holder | $429 | $14,904-97.1% | $12,223-96.5% | $14,365-97.0% |