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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 | $11,600 | $78,428-85.2% | $95,960-87.9% | $79,852-85.5% |
| Participation rate | 57.1% | 73.5%-16.3pp | 77.1%-19.9pp | 69.6%-12.5pp |
| Annual return | 30.45% | 19.37%+11.1pp | 91.63%-61.2pp | 31.72%-1.3pp |
| Employer contribution / active EE | $1,394 | $1,945-28.3% | $2,541-45.1% | $2,471-43.6% |
| Participant deferral / active EE | $2,419 | $3,440-29.7% | $4,167-41.9% | $3,740-35.3% |
| Admin fee / account holder | $70 | $5,622-98.7% | $6,797-99.0% | $5,306-98.7% |