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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 | $27,281 | $83,485-67.3% | $125,195-78.2% | $72,976-62.6% |
| Participation rate | 20.0% | 73.3%-53.3pp | 79.8%-59.8pp | 69.5%-49.5pp |
| Annual return | 22.98% | 25.77%-2.8pp | 43.79%-20.8pp | 81.02%-58.0pp |
| Employer contribution / active EE | $951 | $2,346-59.5% | $3,866-75.4% | $2,440-61.0% |
| Participant deferral / active EE | $1,995 | $3,586-44.4% | $4,937-59.6% | $3,608-44.7% |
| Admin fee / account holder | $206 | $5,518-96.3% | $9,704-97.9% | $5,124-96.0% |