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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 | $17,424 | $123,000-85.8% | $105,582-83.5% | $198,609-91.2% |
| Participation rate | 64.3% | 76.8%-12.5pp | 71.8%-7.5pp | 82.4%-18.1pp |
| Annual return | 20.59% | 18.31%+2.3pp | 18.61%+2.0pp | 202.70%-182.1pp |
| Employer contribution / active EE | $1,480 | $3,582-58.7% | $2,984-50.4% | $5,055-70.7% |
| Participant deferral / active EE | $1,967 | $5,013-60.8% | $4,353-54.8% | $6,977-71.8% |
| Admin fee / account holder | $74 | $16,254-99.5% | $12,856-99.4% | $19,030-99.6% |