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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 | $22,345 | $101,795-78.0% | $165,100-86.5% | $80,959-72.4% |
| Participation rate | 46.7% | 71.8%-25.2pp | 78.6%-32.0pp | 67.7%-21.0pp |
| Annual return | 15.71% | 16.73%-1.0pp | 70.21%-54.5pp | 35.67%-20.0pp |
| Employer contribution / active EE | $1,445 | $2,954-51.1% | $4,348-66.8% | $2,757-47.6% |
| Participant deferral / active EE | $2,894 | $4,476-35.3% | $6,035-52.0% | $4,300-32.7% |
| Admin fee / account holder | $508 | $8,221-93.8% | $12,696-96.0% | $6,925-92.7% |