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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 | $6,102 | $96,558-93.7% | $80,977-92.5% | $273,972-97.8% |
| Participation rate | 54.5% | 79.1%-24.5pp | 75.8%-21.3pp | 83.0%-28.5pp |
| Annual return | 0.00% | 15.14%-15.1pp | 17.11%-17.1pp | 41.46%-41.5pp |
| Employer contribution / active EE | $1,129 | $4,869-76.8% | $3,715-69.6% | $4,869-76.8% |
| Participant deferral / active EE | $2,989 | $6,598-54.7% | $5,696-47.5% | $5,287-43.5% |
| Admin fee / account holder | $549 | $7,493-92.7% | $5,517-90.1% | $10,133-94.6% |