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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 | $18,140 | $60,349-69.9% | $74,184-75.5% | $62,881-71.2% |
| Participation rate | 46.7% | 72.7%-26.1pp | 76.6%-30.0pp | 69.3%-22.6pp |
| Annual return | 10.43% | 21.38%-10.9pp | 17.74%-7.3pp | 20.14%-9.7pp |
| Employer contribution / active EE | $1,419 | $1,680-15.5% | $2,370-40.1% | $2,281-37.8% |
| Participant deferral / active EE | $2,472 | $2,856-13.5% | $3,550-30.4% | $3,203-22.8% |
| Admin fee / account holder | $1,075 | $4,261-74.8% | $5,586-80.8% | $4,296-75.0% |