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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 | $9,586 | $52,580-81.8% | $71,671-86.6% | $70,126-86.3% |
| Participation rate | 56.9% | 60.9%-4.0pp | 68.7%-11.9pp | 69.5%-12.7pp |
| Annual return | 19.26% | 20.25%-1.0pp | 20.65%-1.4pp | 73.15%-53.9pp |
| Employer contribution / active EE | $567 | $1,616-64.9% | $2,460-77.0% | $2,343-75.8% |
| Participant deferral / active EE | $2,353 | $2,386-1.4% | $3,438-31.5% | $3,332-29.4% |
| Admin fee / account holder | $2,926 | $3,653-19.9% | $5,558-47.4% | $4,645-37.0% |