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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 | $22,626 | $153,769-85.3% | $133,975-83.1% | $273,972-91.7% |
| Participation rate | 66.7% | 88.4%-21.7pp | 87.1%-20.4pp | 83.0%-16.3pp |
| Annual return | 10.30% | 36.51%-26.2pp | 29.29%-19.0pp | 41.46%-31.2pp |
| Employer contribution / active EE | $1,951 | $6,029-67.6% | $5,211-62.6% | $4,869-59.9% |
| Participant deferral / active EE | $3,906 | $6,958-43.9% | $6,282-37.8% | $5,287-26.1% |
| Admin fee / account holder | $22 | $11,765-99.8% | $9,324-99.8% | $10,133-99.8% |