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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 | $23,117 | $80,985-71.5% | $96,576-76.1% | $75,181-69.3% |
| Participation rate | 58.5% | 71.8%-13.2pp | 76.0%-17.4pp | 67.2%-8.7pp |
| Annual return | 13.96% | 27.05%-13.1pp | 25.87%-11.9pp | 160.69%-146.7pp |
| Employer contribution / active EE | $890 | $2,282-61.0% | $2,965-70.0% | $2,671-66.7% |
| Participant deferral / active EE | $2,139 | $3,929-45.6% | $4,851-55.9% | $4,126-48.2% |
| Admin fee / account holder | $1,939 | $6,719-71.1% | $8,253-76.5% | $5,650-65.7% |