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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 | $18,069 | $76,550-76.4% | $123,894-85.4% | $62,881-71.3% |
| Participation rate | 57.7% | 73.0%-15.3pp | 81.4%-23.7pp | 69.3%-11.6pp |
| Annual return | 8.18% | 18.67%-10.5pp | 47.52%-39.3pp | 20.14%-12.0pp |
| Employer contribution / active EE | $1,456 | $2,882-49.5% | $4,617-68.5% | $2,281-36.2% |
| Participant deferral / active EE | $2,875 | $4,840-40.6% | $5,984-52.0% | $3,203-10.3% |
| Admin fee / account holder | $210 | $4,826-95.7% | $8,357-97.5% | $4,296-95.1% |