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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 | $21,519 | $78,423-72.6% | $95,964-77.6% | $79,856-73.1% |
| Participation rate | 62.5% | 73.5%-11.0pp | 77.1%-14.6pp | 69.6%-7.1pp |
| Annual return | 25.63% | 19.37%+6.3pp | 91.64%-66.0pp | 31.71%-6.1pp |
| Employer contribution / active EE | $1,263 | $1,945-35.1% | $2,541-50.3% | $2,471-48.9% |
| Participant deferral / active EE | $2,408 | $3,440-30.0% | $4,167-42.2% | $3,741-35.6% |
| Admin fee / account holder | $21 | $5,622-99.6% | $6,797-99.7% | $5,306-99.6% |