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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 | $16,586 | $56,287-70.5% | $80,977-79.5% | $62,881-73.6% |
| Participation rate | 60.0% | 68.9%-8.9pp | 75.8%-15.8pp | 69.3%-9.3pp |
| Annual return | 11.08% | 22.13%-11.0pp | 17.11%-6.0pp | 20.14%-9.1pp |
| Employer contribution / active EE | $0 | $1,943-100.0% | $3,715-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $7,010 | $4,196+67.1% | $5,696+23.1% | $3,203+118.9% |
| Admin fee / account holder | $975 | $3,742-73.9% | $5,517-82.3% | $4,296-77.3% |