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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 | $13,887 | $56,110-75.3% | $94,993-85.4% | $70,126-80.2% |
| Participation rate | 65.5% | 65.0%+0.5pp | 73.9%-8.4pp | 69.5%-4.0pp |
| Annual return | 19.53% | 51.02%-31.5pp | 27.14%-7.6pp | 73.15%-53.6pp |
| Employer contribution / active EE | $1,307 | $1,442-9.4% | $2,603-49.8% | $2,343-44.2% |
| Participant deferral / active EE | $1,894 | $2,391-20.8% | $3,317-42.9% | $3,332-43.2% |
| Admin fee / account holder | $128 | $3,456-96.3% | $4,960-97.4% | $4,645-97.2% |