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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 | $15,652 | $93,055-83.2% | $153,643-89.8% | $80,935-80.7% |
| Participation rate | 30.6% | 69.0%-38.4pp | 77.1%-46.5pp | 67.7%-37.1pp |
| Annual return | 11.09% | 19.97%-8.9pp | 15.71%-4.6pp | 35.66%-24.6pp |
| Employer contribution / active EE | $1,876 | $3,504-46.4% | $5,039-62.8% | $2,757-31.9% |
| Participant deferral / active EE | $2,919 | $5,172-43.6% | $6,754-56.8% | $4,299-32.1% |
| Admin fee / account holder | $4,341 | $8,881-51.1% | $12,739-65.9% | $6,924-37.3% |