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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 | $16,042 | $76,551-79.0% | $123,894-87.1% | $62,881-74.5% |
| Participation rate | 63.5% | 73.0%-9.5pp | 81.4%-17.9pp | 69.3%-5.8pp |
| Annual return | 7.28% | 18.68%-11.4pp | 47.52%-40.2pp | 20.14%-12.9pp |
| Employer contribution / active EE | $1,469 | $2,882-49.0% | $4,617-68.2% | $2,281-35.6% |
| Participant deferral / active EE | $2,399 | $4,840-50.4% | $5,984-59.9% | $3,203-25.1% |
| Admin fee / account holder | $1,955 | $4,826-59.5% | $8,357-76.6% | $4,296-54.5% |