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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 | $6,085 | $73,848-91.8% | $143,799-95.8% | $68,486-91.1% |
| Participation rate | 42.2% | 66.7%-24.4pp | 80.3%-38.1pp | 67.9%-25.7pp |
| Annual return | 0.00% | 0.91%-0.9pp | -0.04%0pp | -7.85%+7.9pp |
| Employer contribution / active EE | $1,020 | $3,184-68.0% | $4,952-79.4% | $2,597-60.7% |
| Participant deferral / active EE | $1,762 | $3,385-47.9% | $5,638-68.7% | $4,028-56.2% |
| Admin fee / account holder | $10,397 | $5,755+80.7% | $14,677-29.2% | $5,404+92.4% |