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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 | $20,557 | $56,197-63.4% | $67,652-69.6% | $59,633-65.5% |
| Participation rate | 58.2% | 71.5%-13.3pp | 75.7%-17.5pp | 68.7%-10.5pp |
| Annual return | 2.20% | 18508.10%-18505.9pp | 6625.40%-6623.2pp | 2041.45%-2039.2pp |
| Employer contribution / active EE | $1,702 | $1,615+5.4% | $2,266-24.9% | $2,203-22.7% |
| Participant deferral / active EE | $2,715 | $2,844-4.5% | $3,560-23.7% | $3,192-14.9% |
| Admin fee / account holder | $1,468 | $3,958-62.9% | $4,821-69.6% | $4,297-65.8% |