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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 | $14,956 | $76,551-80.5% | $123,894-87.9% | $62,881-76.2% |
| Participation rate | 58.9% | 73.0%-14.1pp | 81.4%-22.5pp | 69.3%-10.4pp |
| Annual return | 9.29% | 18.68%-9.4pp | 47.52%-38.2pp | 20.14%-10.9pp |
| Employer contribution / active EE | $928 | $2,882-67.8% | $4,617-79.9% | $2,281-59.3% |
| Participant deferral / active EE | $2,389 | $4,840-50.6% | $5,984-60.1% | $3,203-25.4% |
| Admin fee / account holder | $266 | $4,826-94.5% | $8,357-96.8% | $4,296-93.8% |