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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 | $14,094 | $72,177-80.5% | $115,038-87.7% | $59,633-76.4% |
| Participation rate | 38.2% | 72.6%-34.4pp | 81.4%-43.2pp | 68.7%-30.5pp |
| Annual return | -1.61% | 12.02%-13.6pp | 26.14%-27.7pp | 2041.45%-2043.1pp |
| Employer contribution / active EE | $0 | $2,841-100.0% | $4,608-100.0% | $2,203-100.0% |
| Participant deferral / active EE | $3,261 | $4,783-31.8% | $6,026-45.9% | $3,192+2.2% |
| Admin fee / account holder | $2,063 | $4,927-58.1% | $8,175-74.8% | $4,297-52.0% |