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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 | $7,212 | $49,249-85.4% | $70,476-89.8% | $79,852-91.0% |
| Participation rate | 69.7% | 69.2%+0.5pp | 75.1%-5.4pp | 69.6%+0.1pp |
| Annual return | 16.27% | 30.09%-13.8pp | 109.12%-92.8pp | 31.72%-15.5pp |
| Employer contribution / active EE | $591 | $2,100-71.8% | $2,738-78.4% | $2,471-76.1% |
| Participant deferral / active EE | $1,053 | $2,769-62.0% | $3,710-71.6% | $3,740-71.9% |
| Admin fee / account holder | $249 | $2,878-91.3% | $3,847-93.5% | $5,306-95.3% |