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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 | $27,998 | $181,896-84.6% | $156,551-82.1% | $273,972-89.8% |
| Participation rate | 64.7% | 88.4%-23.7pp | 84.0%-19.3pp | 83.0%-18.3pp |
| Annual return | 7.09% | 30.74%-23.7pp | 32.23%-25.1pp | 41.46%-34.4pp |
| Employer contribution / active EE | $0 | $6,248-100.0% | $5,501-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $2,573 | $5,550-53.6% | $4,871-47.2% | $5,287-51.3% |
| Admin fee / account holder | $1,007 | $15,560-93.5% | $13,028-92.3% | $10,133-90.1% |