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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 | $24,880 | $69,977-64.4% | $108,582-77.1% | $62,881-60.4% |
| Participation rate | 35.1% | 72.9%-37.8pp | 79.6%-44.4pp | 69.3%-34.2pp |
| Annual return | 7.78% | 10.73%-2.9pp | -51.70%+59.5pp | 20.14%-12.4pp |
| Employer contribution / active EE | $1,176 | $2,135-44.9% | $3,758-68.7% | $2,281-48.5% |
| Participant deferral / active EE | $2,828 | $3,165-10.6% | $4,311-34.4% | $3,203-11.7% |
| Admin fee / account holder | $283 | $5,076-94.4% | $7,645-96.3% | $4,296-93.4% |