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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 | $14,414 | $76,551-81.2% | $123,894-88.4% | $62,881-77.1% |
| Participation rate | 39.5% | 73.0%-33.5pp | 81.4%-41.9pp | 69.3%-29.8pp |
| Annual return | 12.20% | 18.68%-6.5pp | 47.52%-35.3pp | 20.14%-7.9pp |
| Employer contribution / active EE | $1,008 | $2,882-65.0% | $4,617-78.2% | $2,281-55.8% |
| Participant deferral / active EE | $2,168 | $4,840-55.2% | $5,984-63.8% | $3,203-32.3% |
| Admin fee / account holder | $655 | $4,826-86.4% | $8,357-92.2% | $4,296-84.7% |