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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 | $18,279 | $72,388-74.7% | $111,392-83.6% | $64,173-71.5% |
| Participation rate | 52.5% | 70.5%-18.0pp | 78.9%-26.4pp | 69.6%-17.1pp |
| Annual return | 7.70% | -1.50%+9.2pp | -2.06%+9.8pp | 7.63%+0.1pp |
| Employer contribution / active EE | $1,879 | $3,000-37.4% | $4,328-56.6% | $2,381-21.1% |
| Participant deferral / active EE | $3,159 | $4,241-25.5% | $5,567-43.3% | $3,470-8.9% |
| Admin fee / account holder | $208 | $5,719-96.4% | $12,266-98.3% | $4,887-95.8% |