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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 | $13,181 | $84,236-84.4% | $170,435-92.3% | $70,126-81.2% |
| Participation rate | 68.4% | 70.8%-2.4pp | 83.6%-15.2pp | 69.5%-1.1pp |
| Annual return | 14.75% | 23.06%-8.3pp | 205.94%-191.2pp | 73.15%-58.4pp |
| Employer contribution / active EE | $4,134 | $3,387+22.0% | $5,432-23.9% | $2,343+76.5% |
| Participant deferral / active EE | $1,088 | $3,086-64.7% | $4,939-78.0% | $3,332-67.3% |
| Admin fee / account holder | $237 | $5,698-95.8% | $13,881-98.3% | $4,645-94.9% |