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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 | $15,080 | $86,288-82.5% | $111,306-86.5% | $85,851-82.4% |
| Participation rate | 54.0% | 73.3%-19.4pp | 77.3%-23.4pp | 69.3%-15.4pp |
| Annual return | 15.12% | 19.99%-4.9pp | 54.67%-39.6pp | 318.63%-303.5pp |
| Employer contribution / active EE | $769 | $2,044-62.4% | $2,732-71.8% | $2,565-70.0% |
| Participant deferral / active EE | $1,941 | $3,641-46.7% | $4,488-56.7% | $3,952-50.9% |
| Admin fee / account holder | $641 | $8,189-92.2% | $7,966-92.0% | $6,261-89.8% |