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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 | $17,596 | $76,551-77.0% | $123,894-85.8% | $62,881-72.0% |
| Participation rate | 43.1% | 73.0%-29.9pp | 81.4%-38.3pp | 69.3%-26.2pp |
| Annual return | 11.28% | 18.68%-7.4pp | 47.52%-36.2pp | 20.14%-8.9pp |
| Employer contribution / active EE | $0 | $2,882-100.0% | $4,617-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $5,986 | $4,840+23.7% | $5,9840% | $3,203+86.9% |
| Admin fee / account holder | $3,517 | $4,826-27.1% | $8,357-57.9% | $4,296-18.1% |