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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 | $10,224 | $76,551-86.6% | $123,894-91.7% | $62,881-83.7% |
| Participation rate | 54.3% | 73.0%-18.6pp | 81.4%-27.1pp | 69.3%-15.0pp |
| Annual return | 21.91% | 18.68%+3.2pp | 47.52%-25.6pp | 20.14%+1.8pp |
| Employer contribution / active EE | $1,381 | $2,882-52.1% | $4,617-70.1% | $2,281-39.4% |
| Participant deferral / active EE | $2,092 | $4,840-56.8% | $5,984-65.0% | $3,203-34.7% |
| Admin fee / account holder | $89 | $4,826-98.2% | $8,357-98.9% | $4,296-97.9% |