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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 | $23,018 | $60,349-61.9% | $74,184-69.0% | $62,881-63.4% |
| Participation rate | 39.5% | 72.7%-33.2pp | 76.6%-37.1pp | 69.3%-29.8pp |
| Annual return | 9.94% | 21.38%-11.4pp | 17.74%-7.8pp | 20.14%-10.2pp |
| Employer contribution / active EE | $807 | $1,680-51.9% | $2,370-65.9% | $2,281-64.6% |
| Participant deferral / active EE | $2,184 | $2,856-23.6% | $3,550-38.5% | $3,203-31.8% |
| Admin fee / account holder | $2,401 | $4,261-43.7% | $5,586-57.0% | $4,296-44.1% |