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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 | $21,424 | $86,949-75.4% | $102,460-79.1% | $80,959-73.5% |
| Participation rate | 48.1% | 72.4%-24.2pp | 76.5%-28.4pp | 67.7%-19.5pp |
| Annual return | 14.22% | 18.89%-4.7pp | 29.47%-15.2pp | 35.67%-21.4pp |
| Employer contribution / active EE | $1,201 | $2,370-49.3% | $3,025-60.3% | $2,757-56.4% |
| Participant deferral / active EE | $3,232 | $4,121-21.6% | $5,056-36.1% | $4,300-24.9% |
| Admin fee / account holder | $1,646 | $8,048-79.5% | $9,460-82.6% | $6,925-76.2% |