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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 | $72,471-81.4% | $94,215-85.7% | $86,983-84.5% |
| Participation rate | 65.8% | 63.9%+1.9pp | 70.0%-4.2pp | 69.5%-3.8pp |
| Annual return | 20.22% | 26.44%-6.2pp | 28.22%-8.0pp | 25.83%-5.6pp |
| Employer contribution / active EE | $472 | $1,936-75.6% | $2,675-82.4% | $2,584-81.7% |
| Participant deferral / active EE | $1,300 | $3,397-61.7% | $4,276-69.6% | $4,194-69.0% |
| Admin fee / account holder | $137 | $6,468-97.9% | $10,216-98.7% | $7,856-98.3% |