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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 | $22,506 | $77,460-70.9% | $100,378-77.6% | $80,925-72.2% |
| Participation rate | 42.6% | 76.9%-34.4pp | 81.5%-38.9pp | 67.7%-25.1pp |
| Annual return | 24.86% | 37.24%-12.4pp | 49.41%-24.5pp | 35.65%-10.8pp |
| Employer contribution / active EE | $1,377 | $2,801-50.8% | $3,942-65.1% | $2,756-50.0% |
| Participant deferral / active EE | $2,942 | $6,818-56.9% | $8,087-63.6% | $4,299-31.6% |
| Admin fee / account holder | $200 | $5,887-96.6% | $7,899-97.5% | $6,940-97.1% |