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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 | $11,104 | $72,486-84.7% | $87,103-87.3% | $72,976-84.8% |
| Participation rate | 44.4% | 72.8%-28.4pp | 76.9%-32.4pp | 69.5%-25.0pp |
| Annual return | 31.81% | 24.46%+7.4pp | 28.19%+3.6pp | 81.02%-49.2pp |
| Employer contribution / active EE | $1,513 | $1,894-20.1% | $2,521-40.0% | $2,440-38.0% |
| Participant deferral / active EE | $2,005 | $3,270-38.7% | $4,049-50.5% | $3,608-44.4% |
| Admin fee / account holder | $293 | $5,055-94.2% | $7,491-96.1% | $5,124-94.3% |