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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 | $20,692 | $67,411-69.3% | $91,004-77.3% | $70,126-70.5% |
| Participation rate | 40.8% | 71.4%-30.5pp | 75.6%-34.8pp | 69.5%-28.7pp |
| Annual return | 15.59% | -40.16%+55.8pp | 4.60%+11.0pp | 73.15%-57.6pp |
| Employer contribution / active EE | $1,903 | $1,786+6.6% | $2,456-22.5% | $2,343-18.8% |
| Participant deferral / active EE | $3,712 | $2,823+31.5% | $3,548+4.6% | $3,332+11.4% |
| Admin fee / account holder | $89 | $4,236-97.9% | $5,417-98.4% | $4,645-98.1% |