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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 | $21,540 | $215,361-90.0% | $171,082-87.4% | $273,972-92.1% |
| Participation rate | 60.0% | 82.0%-22.0pp | 76.7%-16.7pp | 83.0%-23.0pp |
| Annual return | 15.63% | 25.14%-9.5pp | 32.56%-16.9pp | 41.46%-25.8pp |
| Employer contribution / active EE | $1,311 | $4,967-73.6% | $4,002-67.2% | $4,869-73.1% |
| Participant deferral / active EE | $3,564 | $5,543-35.7% | $4,797-25.7% | $5,287-32.6% |
| Admin fee / account holder | $175 | $10,846-98.4% | $8,520-97.9% | $10,133-98.3% |