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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 | $18,519 | $76,551-75.8% | $123,894-85.1% | $62,881-70.5% |
| Participation rate | 68.3% | 73.0%-4.7pp | 81.4%-13.1pp | 69.3%-1.0pp |
| Annual return | 17.18% | 18.68%-1.5pp | 47.52%-30.3pp | 20.14%-3.0pp |
| Employer contribution / active EE | $2,815 | $2,882-2.3% | $4,617-39.0% | $2,281+23.4% |
| Participant deferral / active EE | $4,271 | $4,840-11.8% | $5,984-28.6% | $3,203+33.3% |
| Admin fee / account holder | $274 | $4,826-94.3% | $8,357-96.7% | $4,296-93.6% |