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 | $18,987 | $110,106-82.8% | $151,634-87.5% | $68,494-72.3% |
| Participation rate | 41.2% | 84.0%-42.8pp | 87.5%-46.3pp | 67.9%-26.7pp |
| Annual return | -16.65% | -10.24%-6.4pp | 3.32%-20.0pp | -7.86%-8.8pp |
| Employer contribution / active EE | $241 | $4,470-94.6% | $6,165-96.1% | $2,597-90.7% |
| Participant deferral / active EE | $3,858 | $6,527-40.9% | $8,363-53.9% | $4,028-4.2% |
| Admin fee / account holder | $21,407 | $7,719+177.3% | $11,614+84.3% | $5,403+296.2% |