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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 | $10,703 | $72,273-85.2% | $101,275-89.4% | $79,856-86.6% |
| Participation rate | 62.5% | 68.5%-6.0pp | 75.8%-13.3pp | 69.6%-7.1pp |
| Annual return | 18.89% | 22.30%-3.4pp | 46.48%-27.6pp | 31.71%-12.8pp |
| Employer contribution / active EE | $1,331 | $2,691-50.5% | $3,660-63.6% | $2,471-46.1% |
| Participant deferral / active EE | $2,555 | $3,282-22.2% | $4,371-41.6% | $3,741-31.7% |
| Admin fee / account holder | $210 | $4,401-95.2% | $5,948-96.5% | $5,306-96.0% |