Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $17,322 | $94,529-81.7% | $140,019-87.6% | $64,173-73.0% |
| Participation rate | 55.4% | 84.1%-28.7pp | 87.5%-32.1pp | 69.6%-14.2pp |
| Annual return | -1.20% | 7.77%-9.0pp | 651.19%-652.4pp | 7.63%-8.8pp |
| Employer contribution / active EE | $0 | $3,812-100.0% | $5,605-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $2,927 | $5,250-44.2% | $6,927-57.7% | $3,470-15.6% |
| Admin fee / account holder | $7,940 | $6,741+17.8% | $10,705-25.8% | $4,887+62.4% |