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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 | $22,144 | $73,102-69.7% | $123,553-82.1% | $56,289-60.7% |
| Participation rate | 34.0% | 74.3%-40.3pp | 82.3%-48.3pp | 69.9%-35.9pp |
| Annual return | -7.08% | 3.01%-10.1pp | 119.21%-126.3pp | -9.96%+2.9pp |
| Employer contribution / active EE | $0 | $2,977-100.0% | $4,628-100.0% | $2,111-100.0% |
| Participant deferral / active EE | $4,602 | $5,423-15.1% | $6,426-28.4% | $3,350+37.4% |
| Admin fee / account holder | $4,022 | $554+626.3% | $9,284-56.7% | $521+672.0% |