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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 | $14,829 | $76,551-80.6% | $123,894-88.0% | $62,881-76.4% |
| Participation rate | 56.8% | 73.0%-16.2pp | 81.4%-24.7pp | 69.3%-12.5pp |
| Annual return | 6.68% | 18.68%-12.0pp | 47.52%-40.8pp | 20.14%-13.5pp |
| Employer contribution / active EE | $1,539 | $2,882-46.6% | $4,617-66.7% | $2,281-32.5% |
| Participant deferral / active EE | $2,634 | $4,840-45.6% | $5,984-56.0% | $3,203-17.8% |
| Admin fee / account holder | $588 | $4,826-87.8% | $8,357-93.0% | $4,296-86.3% |