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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 | $18,405 | $58,493-68.5% | $84,021-78.1% | $72,975-74.8% |
| Participation rate | 62.1% | 61.2%+0.8pp | 69.0%-6.9pp | 69.5%-7.4pp |
| Annual return | 27.21% | 28.93%-1.7pp | 71.32%-44.1pp | 81.01%-53.8pp |
| Employer contribution / active EE | $767 | $1,163-34.1% | $1,984-61.4% | $2,440-68.6% |
| Participant deferral / active EE | $2,829 | $2,394+18.2% | $3,239-12.7% | $3,608-21.6% |
| Admin fee / account holder | $263 | $4,569-94.2% | $6,102-95.7% | $5,124-94.9% |