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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 | $16,087 | $73,988-78.3% | $96,538-83.3% | $75,177-78.6% |
| Participation rate | 45.2% | 66.4%-21.3pp | 74.3%-29.2pp | 67.2%-22.0pp |
| Annual return | 19.82% | 26.73%-6.9pp | 35.74%-15.9pp | 160.75%-140.9pp |
| Employer contribution / active EE | $1,273 | $2,930-56.5% | $3,740-66.0% | $2,671-52.3% |
| Participant deferral / active EE | $2,230 | $3,660-39.1% | $4,880-54.3% | $4,126-46.0% |
| Admin fee / account holder | $258 | $5,220-95.1% | $6,737-96.2% | $5,651-95.4% |