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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $8,487 | $69,977-87.9% | $108,582-92.2% | $62,881-86.5% |
| Participation rate | 61.5% | 72.9%-11.4pp | 79.6%-18.0pp | 69.3%-7.8pp |
| Annual return | 21.65% | 10.73%+10.9pp | -51.70%+73.3pp | 20.14%+1.5pp |
| Employer contribution / active EE | $1,262 | $2,135-40.9% | $3,758-66.4% | $2,281-44.7% |
| Participant deferral / active EE | $3,690 | $3,165+16.6% | $4,311-14.4% | $3,203+15.2% |
| Admin fee / account holder | $4 | $5,076-99.9% | $7,645-100.0% | $4,296-99.9% |