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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 | $13,668 | $70,435-80.6% | $96,575-85.8% | $85,856-84.1% |
| Participation rate | 35.7% | 61.8%-26.1pp | 69.8%-34.1pp | 69.3%-33.6pp |
| Annual return | 14.76% | 18.59%-3.8pp | 37.79%-23.0pp | 318.58%-303.8pp |
| Employer contribution / active EE | $0 | $1,413-100.0% | $2,357-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $2,930 | $2,894+1.2% | $3,849-23.9% | $3,952-25.9% |
| Admin fee / account holder | $3,676 | $4,997-26.4% | $6,182-40.5% | $6,261-41.3% |