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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 | $14,584 | $72,607-79.9% | $90,259-83.8% | $87,485-83.3% |
| Participation rate | 39.5% | 64.8%-25.3pp | 70.7%-31.3pp | 68.9%-29.5pp |
| Annual return | 18.91% | 18.59%+0.3pp | 18.88%0pp | 26.06%-7.2pp |
| Employer contribution / active EE | $480 | $1,919-75.0% | $2,291-79.1% | $2,596-81.5% |
| Participant deferral / active EE | $1,440 | $3,055-52.9% | $3,827-62.4% | $4,274-66.3% |
| Admin fee / account holder | $1,477 | $5,947-75.2% | $7,267-79.7% | $7,775-81.0% |