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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 | $24,611 | $72,492-66.1% | $87,102-71.7% | $72,983-66.3% |
| Participation rate | 56.0% | 72.8%-16.8pp | 76.9%-20.9pp | 69.5%-13.5pp |
| Annual return | 25.21% | 24.46%+0.8pp | 28.19%-3.0pp | 81.01%-55.8pp |
| Employer contribution / active EE | $947 | $1,894-50.0% | $2,521-62.5% | $2,440-61.2% |
| Participant deferral / active EE | $1,948 | $3,270-40.4% | $4,048-51.9% | $3,608-46.0% |
| Admin fee / account holder | $159 | $5,055-96.9% | $7,491-97.9% | $5,124-96.9% |