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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 | $5,905 | $93,064-93.7% | $74,577-92.1% | $273,972-97.8% |
| Participation rate | 69.2% | 74.9%-5.7pp | 68.1%+1.1pp | 83.0%-13.8pp |
| Annual return | 31.85% | 26.18%+5.7pp | 20.47%+11.4pp | 41.46%-9.6pp |
| Employer contribution / active EE | $1,641 | $3,160-48.1% | $2,525-35.0% | $4,869-66.3% |
| Participant deferral / active EE | $2,299 | $4,160-44.7% | $3,458-33.5% | $5,287-56.5% |
| Admin fee / account holder | $233 | $5,273-95.6% | $4,138-94.4% | $10,133-97.7% |