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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 | $5,718 | $47,848-88.0% | $81,473-93.0% | $70,126-91.8% |
| Participation rate | 64.9% | 58.3%+6.6pp | 68.0%-3.1pp | 69.5%-4.7pp |
| Annual return | 21.15% | 27.25%-6.1pp | 38.78%-17.6pp | 73.15%-52.0pp |
| Employer contribution / active EE | $818 | $1,527-46.5% | $2,568-68.2% | $2,343-65.1% |
| Participant deferral / active EE | $2,138 | $2,453-12.9% | $3,537-39.6% | $3,332-35.8% |
| Admin fee / account holder | $203 | $3,145-93.5% | $4,561-95.6% | $4,645-95.6% |