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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 | $11,321 | $72,027-84.3% | $185,835-93.9% | $79,852-85.8% |
| Participation rate | 60.7% | 65.8%-5.1pp | 78.0%-17.3pp | 69.6%-8.9pp |
| Annual return | 31.07% | 23.13%+7.9pp | 35.96%-4.9pp | 31.72%-0.7pp |
| Employer contribution / active EE | $1,262 | $1,965-35.8% | $4,087-69.1% | $2,471-48.9% |
| Participant deferral / active EE | $2,594 | $3,780-31.4% | $5,633-54.0% | $3,740-30.7% |
| Admin fee / account holder | $116 | $4,513-97.4% | $9,502-98.8% | $5,306-97.8% |