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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 | $14,288 | $72,486-80.3% | $87,103-83.6% | $72,976-80.4% |
| Participation rate | 51.4% | 72.8%-21.5pp | 76.9%-25.5pp | 69.5%-18.1pp |
| Annual return | 38.86% | 24.46%+14.4pp | 28.19%+10.7pp | 81.02%-42.2pp |
| Employer contribution / active EE | $1,137 | $1,894-40.0% | $2,521-54.9% | $2,440-53.4% |
| Participant deferral / active EE | $2,798 | $3,270-14.4% | $4,049-30.9% | $3,608-22.4% |
| Admin fee / account holder | $210 | $5,055-95.8% | $7,491-97.2% | $5,124-95.9% |