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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 | $12,279 | $87,060-85.9% | $105,591-88.4% | $80,911-84.8% |
| Participation rate | 53.7% | 70.4%-16.8pp | 75.3%-21.6pp | 67.6%-14.0pp |
| Annual return | 13.51% | 17.05%-3.5pp | 116.43%-102.9pp | 35.63%-22.1pp |
| Employer contribution / active EE | $1,210 | $2,396-49.5% | $3,166-61.8% | $2,756-56.1% |
| Participant deferral / active EE | $1,877 | $3,986-52.9% | $5,008-62.5% | $4,297-56.3% |
| Admin fee / account holder | $230 | $8,442-97.3% | $11,024-97.9% | $6,935-96.7% |