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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 | $18,233 | $72,492-74.8% | $87,102-79.1% | $72,983-75.0% |
| Participation rate | 61.1% | 72.8%-11.7pp | 76.9%-15.8pp | 69.5%-8.4pp |
| Annual return | 19.86% | 24.46%-4.6pp | 28.19%-8.3pp | 81.01%-61.1pp |
| Employer contribution / active EE | $587 | $1,894-69.0% | $2,521-76.7% | $2,440-75.9% |
| Participant deferral / active EE | $2,386 | $3,270-27.0% | $4,048-41.1% | $3,608-33.9% |
| Admin fee / account holder | $655 | $5,055-87.0% | $7,491-91.3% | $5,124-87.2% |