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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 | $13,460 | $69,444-80.6% | $92,985-85.5% | $87,485-84.6% |
| Participation rate | 65.8% | 63.3%+2.5pp | 69.5%-3.7pp | 68.9%-3.1pp |
| Annual return | 20.22% | 23.85%-3.6pp | 27.99%-7.8pp | 26.06%-5.8pp |
| Employer contribution / active EE | $472 | $1,917-75.4% | $2,662-82.3% | $2,596-81.8% |
| Participant deferral / active EE | $1,300 | $3,364-61.3% | $4,377-70.3% | $4,274-69.6% |
| Admin fee / account holder | $137 | $6,137-97.8% | $9,463-98.6% | $7,775-98.2% |