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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 | $101,778-74.0% | $164,975-84.0% | $80,925-67.3% |
| Participation rate | 44.4% | 71.8%-27.4pp | 78.6%-34.2pp | 67.7%-23.2pp |
| Annual return | 11.37% | 16.73%-5.4pp | 70.12%-58.7pp | 35.65%-24.3pp |
| Employer contribution / active EE | $1,289 | $2,954-56.4% | $4,343-70.3% | $2,756-53.2% |
| Participant deferral / active EE | $3,262 | $4,477-27.1% | $6,033-45.9% | $4,299-24.1% |
| Admin fee / account holder | $232 | $8,221-97.2% | $12,688-98.2% | $6,940-96.7% |