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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 | $16,379 | $88,707-81.5% | $74,184-77.9% | $273,972-94.0% |
| Participation rate | 50.0% | 79.4%-29.4pp | 76.6%-26.6pp | 83.0%-33.0pp |
| Annual return | 10.27% | 11.94%-1.7pp | 17.74%-7.5pp | 41.46%-31.2pp |
| Employer contribution / active EE | $1,464 | $3,159-53.7% | $2,370-38.2% | $4,869-69.9% |
| Participant deferral / active EE | $3,285 | $4,212-22.0% | $3,550-7.5% | $5,287-37.9% |
| Admin fee / account holder | $138 | $8,717-98.4% | $5,586-97.5% | $10,133-98.6% |