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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 | $11,583 | $99,345-88.3% | $84,753-86.3% | $273,972-95.8% |
| Participation rate | 50.0% | 80.7%-30.7pp | 76.6%-26.6pp | 83.0%-33.0pp |
| Annual return | 3.48% | 22.93%-19.4pp | 22.78%-19.3pp | 41.46%-38.0pp |
| Employer contribution / active EE | $1,560 | $4,214-63.0% | $3,574-56.4% | $4,869-68.0% |
| Participant deferral / active EE | $2,936 | $4,270-31.2% | $3,712-20.9% | $5,287-44.5% |
| Admin fee / account holder | $435 | $6,645-93.5% | $5,333-91.8% | $10,133-95.7% |