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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 | $26,463 | $101,795-74.0% | $165,100-84.0% | $80,959-67.3% |
| Participation rate | 44.4% | 71.8%-27.4pp | 78.6%-34.2pp | 67.7%-23.2pp |
| Annual return | 11.37% | 16.73%-5.4pp | 70.21%-58.8pp | 35.67%-24.3pp |
| Employer contribution / active EE | $1,289 | $2,954-56.4% | $4,348-70.3% | $2,757-53.2% |
| Participant deferral / active EE | $3,262 | $4,476-27.1% | $6,035-45.9% | $4,300-24.1% |
| Admin fee / account holder | $232 | $8,221-97.2% | $12,696-98.2% | $6,925-96.6% |