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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 | $20,732 | $64,909-68.1% | $82,312-74.8% | $62,293-66.7% |
| Participation rate | 22.4% | 74.9%-52.4pp | 76.9%-54.5pp | 69.5%-47.1pp |
| Annual return | 13.55% | 21.18%-7.6pp | 25.88%-12.3pp | 28.90%-15.3pp |
| Employer contribution / active EE | $593 | $1,676-64.6% | $2,428-75.6% | $2,042-71.0% |
| Participant deferral / active EE | $1,717 | $3,103-44.7% | $3,706-53.7% | $3,169-45.8% |
| Admin fee / account holder | $1,455 | $440+231.0% | $5,608-74.1% | $479+203.6% |