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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 | $8,562 | $72,492-88.2% | $87,104-90.2% | $72,975-88.3% |
| Participation rate | 60.6% | 72.8%-12.2pp | 76.9%-16.3pp | 69.5%-8.9pp |
| Annual return | 0.00% | 24.46%-24.5pp | 28.19%-28.2pp | 81.01%-81.0pp |
| Employer contribution / active EE | $1,886 | $1,894-0.4% | $2,521-25.2% | $2,440-22.7% |
| Participant deferral / active EE | $3,372 | $3,270+3.1% | $4,048-16.7% | $3,608-6.5% |
| Admin fee / account holder | $477 | $5,055-90.6% | $7,491-93.6% | $5,124-90.7% |