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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 | $64,734-86.4% | $90,796-90.3% | $64,097-86.2% |
| Participation rate | 64.3% | 53.2%+11.1pp | 69.5%-5.1pp | 55.2%+9.2pp |
| Annual return | 19.08% | 17.77%+1.3pp | 19.29%-0.2pp | 34.64%-15.6pp |
| Employer contribution / active EE | $760 | $1,703-55.4% | $2,294-66.9% | $1,891-59.8% |
| Participant deferral / active EE | $1,212 | $2,629-53.9% | $3,822-68.3% | $3,080-60.6% |
| Admin fee / account holder | $145 | $3,474-95.8% | $7,024-97.9% | $3,454-95.8% |