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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 | $5,058 | $65,712-92.3% | $57,196-91.2% | $273,972-98.2% |
| Participation rate | 62.5% | 78.3%-15.8pp | 75.3%-12.8pp | 83.0%-20.5pp |
| Annual return | 15.92% | 22.01%-6.1pp | 14.59%+1.3pp | 41.46%-25.5pp |
| Employer contribution / active EE | $1,240 | $3,280-62.2% | $2,683-53.8% | $4,869-74.5% |
| Participant deferral / active EE | $1,288 | $3,782-65.9% | $3,096-58.4% | $5,287-75.6% |
| Admin fee / account holder | $266 | $4,838-94.5% | $3,141-91.5% | $10,133-97.4% |