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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 | $18,363 | $65,034-71.8% | $90,970-79.8% | $79,856-77.0% |
| Participation rate | 51.9% | 61.6%-9.8pp | 69.0%-17.2pp | 69.6%-17.8pp |
| Annual return | 24.58% | 30.45%-5.9pp | 134.60%-110.0pp | 31.71%-7.1pp |
| Employer contribution / active EE | $803 | $1,247-35.6% | $2,122-62.2% | $2,471-67.5% |
| Participant deferral / active EE | $2,689 | $2,512+7.0% | $3,373-20.3% | $3,741-28.1% |
| Admin fee / account holder | $803 | $4,536-82.3% | $5,961-86.5% | $5,306-84.9% |