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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 | $14,715 | $99,345-85.2% | $84,753-82.6% | $273,972-94.6% |
| Participation rate | 66.7% | 80.7%-14.0pp | 76.6%-9.9pp | 83.0%-16.3pp |
| Annual return | 13.67% | 22.93%-9.3pp | 22.78%-9.1pp | 41.46%-27.8pp |
| Employer contribution / active EE | $1,787 | $4,214-57.6% | $3,574-50.0% | $4,869-63.3% |
| Participant deferral / active EE | $7,377 | $4,270+72.8% | $3,712+98.8% | $5,287+39.5% |
| Admin fee / account holder | $104 | $6,645-98.4% | $5,333-98.1% | $10,133-99.0% |