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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 | $17,488 | $93,346-81.3% | $71,796-75.6% | $273,972-93.6% |
| Participation rate | 50.0% | 76.5%-26.5pp | 69.1%-19.1pp | 83.0%-33.0pp |
| Annual return | 10.56% | 130.39%-119.8pp | 78.04%-67.5pp | 41.46%-30.9pp |
| Employer contribution / active EE | $3,022 | $2,733+10.6% | $1,924+57.0% | $4,869-37.9% |
| Participant deferral / active EE | $7,379 | $3,475+112.3% | $2,794+164.0% | $5,287+39.6% |
| Admin fee / account holder | $223 | $6,571-96.6% | $4,815-95.4% | $10,133-97.8% |