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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 | $22,947 | $71,873-68.1% | $86,698-73.5% | $68,490-66.5% |
| Participation rate | 66.7% | 72.2%-5.6pp | 76.6%-9.9pp | 67.9%-1.2pp |
| Annual return | -17.39% | 3.54%-20.9pp | 35.96%-53.4pp | -7.85%-9.5pp |
| Employer contribution / active EE | $1,594 | $2,173-26.6% | $2,837-43.8% | $2,597-38.6% |
| Participant deferral / active EE | $2,108 | $3,779-44.2% | $4,656-54.7% | $4,028-47.7% |
| Admin fee / account holder | $469 | $6,110-92.3% | $7,492-93.7% | $5,403-91.3% |