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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 | $10,279 | $58,099-82.3% | $76,902-86.6% | $75,177-86.3% |
| Participation rate | 45.5% | 63.9%-18.4pp | 69.6%-24.2pp | 67.2%-21.8pp |
| Annual return | 17.58% | 26.71%-9.1pp | 37.91%-20.3pp | 160.75%-143.2pp |
| Employer contribution / active EE | $0 | $1,996-100.0% | $2,534-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $1,914 | $2,999-36.2% | $3,833-50.1% | $4,126-53.6% |
| Admin fee / account holder | $3,694 | $4,778-22.7% | $5,479-32.6% | $5,651-34.6% |