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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 | $22,940 | $60,349-62.0% | $74,184-69.1% | $62,881-63.5% |
| Participation rate | 60.2% | 72.7%-12.5pp | 76.6%-16.4pp | 69.3%-9.1pp |
| Annual return | 8.20% | 21.38%-13.2pp | 17.74%-9.5pp | 20.14%-11.9pp |
| Employer contribution / active EE | $887 | $1,680-47.2% | $2,370-62.6% | $2,281-61.1% |
| Participant deferral / active EE | $2,092 | $2,856-26.8% | $3,550-41.1% | $3,203-34.7% |
| Admin fee / account holder | $96 | $4,261-97.7% | $5,586-98.3% | $4,296-97.8% |