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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 | $6,178 | $103,949-94.1% | $69,182-91.1% | $273,972-97.7% |
| Participation rate | 18.2% | 67.4%-49.2pp | 55.1%-36.9pp | 83.0%-64.8pp |
| Annual return | 3.54% | 35.28%-31.7pp | -21.93%+25.5pp | 41.46%-37.9pp |
| Employer contribution / active EE | $294 | $1,783-83.5% | $1,206-75.6% | $4,869-94.0% |
| Participant deferral / active EE | $350 | $2,716-87.1% | $1,897-81.5% | $5,287-93.4% |
| Admin fee / account holder | $2,498 | $3,671-31.9% | $2,697-7.4% | $10,133-75.3% |