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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 | $7,375 | $39,132-81.2% | $57,196-87.1% | $62,881-88.3% |
| Participation rate | 36.0% | 70.5%-34.5pp | 75.3%-39.3pp | 69.3%-33.3pp |
| Annual return | 10.21% | 9.24%+1.0pp | 14.59%-4.4pp | 20.14%-9.9pp |
| Employer contribution / active EE | $449 | $1,874-76.0% | $2,683-83.3% | $2,281-80.3% |
| Participant deferral / active EE | $1,325 | $2,374-44.2% | $3,096-57.2% | $3,203-58.6% |
| Admin fee / account holder | $566 | $2,594-78.2% | $3,141-82.0% | $4,296-86.8% |