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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 | $8,555 | $60,349-85.8% | $74,184-88.5% | $62,881-86.4% |
| Participation rate | 48.0% | 72.7%-24.7pp | 76.6%-28.6pp | 69.3%-21.3pp |
| Annual return | 15.16% | 21.38%-6.2pp | 17.74%-2.6pp | 20.14%-5.0pp |
| Employer contribution / active EE | $704 | $1,680-58.1% | $2,370-70.3% | $2,281-69.1% |
| Participant deferral / active EE | $1,668 | $2,856-41.6% | $3,550-53.0% | $3,203-47.9% |
| Admin fee / account holder | $164 | $4,261-96.1% | $5,586-97.1% | $4,296-96.2% |