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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 | $8,834 | $63,904-86.2% | $89,340-90.1% | $67,986-87.0% |
| Participation rate | 64.3% | 54.3%+10.0pp | 69.6%-5.2pp | 57.2%+7.1pp |
| Annual return | 19.08% | 18.09%+1.0pp | 20.57%-1.5pp | 31.67%-12.6pp |
| Employer contribution / active EE | $760 | $1,627-53.3% | $2,231-66.0% | $2,019-62.4% |
| Participant deferral / active EE | $1,212 | $2,691-54.9% | $3,823-68.3% | $3,358-63.9% |
| Admin fee / account holder | $145 | $3,315-95.6% | $6,704-97.8% | $3,203-95.5% |