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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 | $9,759 | $81,476-88.0% | $102,383-90.5% | $80,925-87.9% |
| Participation rate | 50.0% | 66.8%-16.8pp | 74.5%-24.5pp | 67.7%-17.7pp |
| Annual return | 20.04% | 25.59%-5.6pp | 24.94%-4.9pp | 35.65%-15.6pp |
| Employer contribution / active EE | $1,276 | $3,105-58.9% | $3,870-67.0% | $2,756-53.7% |
| Participant deferral / active EE | $1,929 | $3,871-50.2% | $5,060-61.9% | $4,299-55.1% |
| Admin fee / account holder | $54 | $6,717-99.2% | $8,391-99.4% | $6,940-99.2% |