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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 | $11,203 | $43,075-74.0% | $74,577-85.0% | $62,881-82.2% |
| Participation rate | 34.6% | 58.1%-23.4pp | 68.1%-33.5pp | 69.3%-34.7pp |
| Annual return | 11.01% | 17.50%-6.5pp | 20.47%-9.5pp | 20.14%-9.1pp |
| Employer contribution / active EE | $320 | $1,498-78.6% | $2,525-87.3% | $2,281-86.0% |
| Participant deferral / active EE | $1,534 | $2,389-35.8% | $3,458-55.7% | $3,203-52.1% |
| Admin fee / account holder | $278 | $2,840-90.2% | $4,138-93.3% | $4,296-93.5% |