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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 | $31,715 | $95,453-66.8% | $112,040-71.7% | $82,448-61.5% |
| Participation rate | 66.7% | 72.8%-6.1pp | 76.5%-9.8pp | 68.1%-1.4pp |
| Annual return | 12.94% | 23.92%-11.0pp | 24.52%-11.6pp | 41.64%-28.7pp |
| Employer contribution / active EE | $867 | $2,318-62.6% | $2,954-70.7% | $2,551-66.0% |
| Participant deferral / active EE | $1,977 | $4,224-53.2% | $5,098-61.2% | $4,139-52.2% |
| Admin fee / account holder | $2,425 | $9,013-73.1% | $12,098-80.0% | $7,234-66.5% |