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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 | $7,565 | $43,075-82.4% | $74,577-89.9% | $62,881-88.0% |
| Participation rate | 44.8% | 58.1%-13.2pp | 68.1%-23.3pp | 69.3%-24.5pp |
| Annual return | 12.15% | 17.50%-5.4pp | 20.47%-8.3pp | 20.14%-8.0pp |
| Employer contribution / active EE | $0 | $1,498-100.0% | $2,525-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $3,108 | $2,389+30.1% | $3,458-10.1% | $3,203-3.0% |
| Admin fee / account holder | $1,199 | $2,840-57.8% | $4,138-71.0% | $4,296-72.1% |