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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 | $22,932 | $62,583-63.4% | $76,767-70.1% | $64,173-64.3% |
| Participation rate | 54.4% | 72.8%-18.4pp | 77.0%-22.5pp | 69.6%-15.1pp |
| Annual return | -3.86% | -1.95%-1.9pp | 2.43%-6.3pp | 7.63%-11.5pp |
| Employer contribution / active EE | $0 | $1,832-100.0% | $2,485-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $1,857 | $3,145-40.9% | $3,852-51.8% | $3,470-46.5% |
| Admin fee / account holder | $7,913 | $4,667+69.6% | $6,675+18.5% | $4,887+61.9% |