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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 | $6,259 | $65,367-90.4% | $92,915-93.3% | $72,976-91.4% |
| Participation rate | 67.9% | 68.3%-0.5pp | 76.0%-8.1pp | 69.5%-1.6pp |
| Annual return | 32.33% | 42.11%-9.8pp | 109.45%-77.1pp | 81.02%-48.7pp |
| Employer contribution / active EE | $1,303 | $2,594-49.8% | $3,653-64.3% | $2,440-46.6% |
| Participant deferral / active EE | $2,483 | $3,128-20.6% | $4,238-41.4% | $3,608-31.2% |
| Admin fee / account holder | $127 | $4,251-97.0% | $5,796-97.8% | $5,124-97.5% |