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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 | $8,627 | $53,774-84.0% | $134,162-93.6% | $79,856-89.2% |
| Participation rate | 42.9% | 58.8%-15.9pp | 72.2%-29.3pp | 69.6%-26.8pp |
| Annual return | 11.61% | 19.01%-7.4pp | 36.35%-24.7pp | 31.71%-20.1pp |
| Employer contribution / active EE | $392 | $1,322-70.3% | $3,705-89.4% | $2,471-84.1% |
| Participant deferral / active EE | $1,026 | $2,420-57.6% | $3,500-70.7% | $3,741-72.6% |
| Admin fee / account holder | $2,012 | $3,985-49.5% | $6,685-69.9% | $5,306-62.1% |