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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 | $10,155 | $56,054-81.9% | $171,082-94.1% | $62,881-83.9% |
| Participation rate | 51.2% | 62.9%-11.7pp | 76.7%-25.5pp | 69.3%-18.1pp |
| Annual return | 10.93% | 22.52%-11.6pp | 32.56%-21.6pp | 20.14%-9.2pp |
| Employer contribution / active EE | $454 | $1,731-73.8% | $4,002-88.7% | $2,281-80.1% |
| Participant deferral / active EE | $2,696 | $3,158-14.6% | $4,797-43.8% | $3,203-15.8% |
| Admin fee / account holder | $172 | $3,647-95.3% | $8,520-98.0% | $4,296-96.0% |