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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 | $17,842 | $71,480-75.0% | $90,782-80.3% | $64,173-72.2% |
| Participation rate | 64.3% | 77.6%-13.3pp | 82.7%-18.4pp | 69.6%-5.3pp |
| Annual return | -7.50% | -4.25%-3.3pp | -3.42%-4.1pp | 7.63%-15.1pp |
| Employer contribution / active EE | $1,672 | $3,415-51.0% | $4,105-59.3% | $2,381-29.8% |
| Participant deferral / active EE | $2,721 | $4,302-36.7% | $5,366-49.3% | $3,470-21.6% |
| Admin fee / account holder | $290 | $6,309-95.4% | $5,908-95.1% | $4,887-94.1% |