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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 | $11,329 | $56,894-80.1% | $84,753-86.6% | $62,881-82.0% |
| Participation rate | 69.7% | 68.5%+1.2pp | 76.6%-6.9pp | 69.3%+0.4pp |
| Annual return | 12.71% | 6.30%+6.4pp | 22.78%-10.1pp | 20.14%-7.4pp |
| Employer contribution / active EE | $2,496 | $2,400+4.0% | $3,574-30.2% | $2,281+9.4% |
| Participant deferral / active EE | $3,867 | $2,709+42.7% | $3,712+4.2% | $3,203+20.7% |
| Admin fee / account holder | $105 | $3,581-97.1% | $5,333-98.0% | $4,296-97.5% |