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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 | $18,643 | $62,589-70.2% | $76,768-75.7% | $64,173-70.9% |
| Participation rate | 46.7% | 72.8%-26.2pp | 77.0%-30.3pp | 69.6%-22.9pp |
| Annual return | -2.76% | -1.95%-0.8pp | 2.43%-5.2pp | 7.63%-10.4pp |
| Employer contribution / active EE | $0 | $1,832-100.0% | $2,485-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $1,689 | $3,145-46.3% | $3,852-56.2% | $3,470-51.3% |
| Admin fee / account holder | $15,197 | $4,667+225.6% | $6,675+127.7% | $4,887+210.9% |