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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 | $5,944 | $52,580-88.7% | $71,671-91.7% | $70,126-91.5% |
| Participation rate | 56.4% | 60.9%-4.5pp | 68.7%-12.4pp | 69.5%-13.2pp |
| Annual return | 28.74% | 20.25%+8.5pp | 20.65%+8.1pp | 73.15%-44.4pp |
| Employer contribution / active EE | $830 | $1,616-48.6% | $2,460-66.2% | $2,343-64.6% |
| Participant deferral / active EE | $1,483 | $2,386-37.8% | $3,438-56.9% | $3,332-55.5% |
| Admin fee / account holder | $298 | $3,653-91.8% | $5,558-94.6% | $4,645-93.6% |