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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 | $17,311 | $73,955-76.6% | $96,520-82.1% | $75,181-77.0% |
| Participation rate | 52.4% | 66.4%-14.0pp | 74.3%-22.0pp | 67.2%-14.8pp |
| Annual return | 28.81% | 26.72%+2.1pp | 35.72%-6.9pp | 160.69%-131.9pp |
| Employer contribution / active EE | $1,352 | $2,930-53.9% | $3,739-63.8% | $2,671-49.4% |
| Participant deferral / active EE | $3,435 | $3,659-6.1% | $4,879-29.6% | $4,126-16.7% |
| Admin fee / account holder | $207 | $5,217-96.0% | $6,733-96.9% | $5,650-96.3% |