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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 | $15,896 | $65,367-75.7% | $92,915-82.9% | $72,976-78.2% |
| Participation rate | 56.3% | 68.3%-12.1pp | 76.0%-19.8pp | 69.5%-13.2pp |
| Annual return | 21.96% | 42.11%-20.1pp | 109.45%-87.5pp | 81.02%-59.1pp |
| Employer contribution / active EE | $1,442 | $2,594-44.4% | $3,653-60.5% | $2,440-40.9% |
| Participant deferral / active EE | $1,491 | $3,128-52.3% | $4,238-64.8% | $3,608-58.7% |
| Admin fee / account holder | $113 | $4,251-97.3% | $5,796-98.0% | $5,124-97.8% |