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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 | $19,543 | $88,707-78.0% | $74,184-73.7% | $273,972-92.9% |
| Participation rate | 45.5% | 79.4%-34.0pp | 76.6%-31.2pp | 83.0%-37.6pp |
| Annual return | 11.31% | 11.94%-0.6pp | 17.74%-6.4pp | 41.46%-30.1pp |
| Employer contribution / active EE | $932 | $3,159-70.5% | $2,370-60.7% | $4,869-80.9% |
| Participant deferral / active EE | $2,581 | $4,212-38.7% | $3,550-27.3% | $5,287-51.2% |
| Admin fee / account holder | $227 | $8,717-97.4% | $5,586-95.9% | $10,133-97.8% |