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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 | $27,504 | $108,825-74.7% | $156,181-82.4% | $82,448-66.6% |
| Participation rate | 50.0% | 72.4%-22.4pp | 78.8%-28.8pp | 68.1%-18.1pp |
| Annual return | 24.56% | 20.59%+4.0pp | 64.87%-40.3pp | 41.64%-17.1pp |
| Employer contribution / active EE | $1,358 | $2,870-52.7% | $4,294-68.4% | $2,551-46.8% |
| Participant deferral / active EE | $2,550 | $4,577-44.3% | $6,132-58.4% | $4,139-38.4% |
| Admin fee / account holder | $194 | $9,341-97.9% | $14,586-98.7% | $7,234-97.3% |