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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 | $21,358 | $106,749-80.0% | $145,433-85.3% | $82,448-74.1% |
| Participation rate | 45.6% | 75.6%-30.0pp | 82.1%-36.5pp | 68.1%-22.5pp |
| Annual return | 22.74% | 27.59%-4.9pp | 66.58%-43.8pp | 41.64%-18.9pp |
| Employer contribution / active EE | $1,709 | $3,444-50.4% | $4,554-62.5% | $2,551-33.0% |
| Participant deferral / active EE | $2,978 | $6,519-54.3% | $7,897-62.3% | $4,139-28.1% |
| Admin fee / account holder | $217 | $8,390-97.4% | $13,129-98.3% | $7,234-97.0% |