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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 | $13,235 | $55,713-76.2% | $75,901-82.6% | $72,975-81.9% |
| Participation rate | 27.0% | 61.1%-34.1pp | 69.3%-42.3pp | 69.5%-42.5pp |
| Annual return | 27.80% | 27.60%+0.2pp | 30.76%-3.0pp | 81.01%-53.2pp |
| Employer contribution / active EE | $527 | $1,687-68.7% | $2,501-78.9% | $2,440-78.4% |
| Participant deferral / active EE | $1,121 | $2,634-57.5% | $3,603-68.9% | $3,608-68.9% |
| Admin fee / account holder | $181 | $3,980-95.4% | $5,420-96.7% | $5,124-96.5% |