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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 | $21,706 | $76,371-71.6% | $93,621-76.8% | $72,975-70.3% |
| Participation rate | 68.8% | 71.8%-3.0pp | 75.8%-7.1pp | 69.5%-0.7pp |
| Annual return | 23.62% | 25.82%-2.2pp | 32.76%-9.1pp | 81.01%-57.4pp |
| Employer contribution / active EE | $1,448 | $2,276-36.4% | $2,719-46.7% | $2,440-40.7% |
| Participant deferral / active EE | $3,136 | $3,538-11.4% | $4,070-22.9% | $3,608-13.1% |
| Admin fee / account holder | $732 | $6,839-89.3% | $7,890-90.7% | $5,124-85.7% |