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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 | $21,386 | $81,487-73.8% | $102,412-79.1% | $80,935-73.6% |
| Participation rate | 28.6% | 66.8%-38.3pp | 74.5%-45.9pp | 67.7%-39.1pp |
| Annual return | 10.62% | 25.60%-15.0pp | 24.94%-14.3pp | 35.66%-25.0pp |
| Employer contribution / active EE | $1,283 | $3,103-58.7% | $3,870-66.8% | $2,757-53.5% |
| Participant deferral / active EE | $2,340 | $3,871-39.5% | $5,060-53.8% | $4,299-45.6% |
| Admin fee / account holder | $1,068 | $6,717-84.1% | $8,388-87.3% | $6,924-84.6% |