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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 | $24,937 | $91,559-72.8% | $133,971-81.4% | $79,852-68.8% |
| Participation rate | 57.7% | 73.3%-15.7pp | 79.8%-22.1pp | 69.6%-11.9pp |
| Annual return | 12.52% | 61.85%-49.3pp | 45.09%-32.6pp | 31.72%-19.2pp |
| Employer contribution / active EE | $0 | $2,384-100.0% | $3,919-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $2,739 | $3,734-26.6% | $5,047-45.7% | $3,740-26.8% |
| Admin fee / account holder | $13,714 | $6,321+117.0% | $8,929+53.6% | $5,306+158.4% |