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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 | $13,999 | $69,977-80.0% | $108,582-87.1% | $62,881-77.7% |
| Participation rate | 68.4% | 72.9%-4.5pp | 79.6%-11.1pp | 69.3%-0.9pp |
| Annual return | 8.25% | 10.73%-2.5pp | -51.70%+59.9pp | 20.14%-11.9pp |
| Employer contribution / active EE | $1,187 | $2,135-44.4% | $3,758-68.4% | $2,281-48.0% |
| Participant deferral / active EE | $3,314 | $3,165+4.7% | $4,311-23.1% | $3,203+3.5% |
| Admin fee / account holder | $146 | $5,076-97.1% | $7,645-98.1% | $4,296-96.6% |