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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 | $14,709 | $83,073-82.3% | $88,457-83.4% | $87,485-83.2% |
| Participation rate | 53.8% | 71.3%-17.5pp | 78.6%-24.8pp | 68.9%-15.1pp |
| Annual return | 13.70% | 15.48%-1.8pp | 32.69%-19.0pp | 26.06%-12.4pp |
| Employer contribution / active EE | $2,063 | $4,044-49.0% | $4,681-55.9% | $2,596-20.6% |
| Participant deferral / active EE | $2,540 | $4,389-42.1% | $5,667-55.2% | $4,274-40.6% |
| Admin fee / account holder | $2,908 | $7,192-59.6% | $9,606-69.7% | $7,775-62.6% |