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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 | $13,205 | $76,112-82.7% | $96,534-86.3% | $71,511-81.5% |
| Participation rate | 56.1% | 74.4%-18.3pp | 76.0%-19.9pp | 67.9%-11.9pp |
| Annual return | 0.00% | 22.81%-22.8pp | 25.88%-25.9pp | 28.86%-28.9pp |
| Employer contribution / active EE | $1,567 | $2,248-30.3% | $2,965-47.2% | $2,589-39.5% |
| Participant deferral / active EE | $3,086 | $4,217-26.8% | $4,851-36.4% | $4,291-28.1% |
| Admin fee / account holder | $375 | $2,708-86.1% | $8,253-95.5% | $1,588-76.4% |