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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 | $22,800 | $77,492-70.6% | $100,398-77.3% | $80,911-71.8% |
| Participation rate | 61.2% | 76.9%-15.7pp | 81.5%-20.3pp | 67.6%-6.4pp |
| Annual return | 13.20% | 37.23%-24.0pp | 49.32%-36.1pp | 35.63%-22.4pp |
| Employer contribution / active EE | $1,892 | $2,800-32.4% | $3,946-52.0% | $2,756-31.3% |
| Participant deferral / active EE | $3,342 | $6,817-51.0% | $8,084-58.7% | $4,297-22.2% |
| Admin fee / account holder | $3,238 | $5,892-45.0% | $7,893-59.0% | $6,935-53.3% |