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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 | $21,098 | $69,977-69.9% | $108,582-80.6% | $62,881-66.4% |
| Participation rate | 65.8% | 72.9%-7.1pp | 79.6%-13.8pp | 69.3%-3.5pp |
| Annual return | 5.83% | 10.73%-4.9pp | -51.70%+57.5pp | 20.14%-14.3pp |
| Employer contribution / active EE | $1,597 | $2,135-25.2% | $3,758-57.5% | $2,281-30.0% |
| Participant deferral / active EE | $2,481 | $3,165-21.6% | $4,311-42.4% | $3,203-22.5% |
| Admin fee / account holder | $84 | $5,076-98.3% | $7,645-98.9% | $4,296-98.0% |