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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 | $20,121 | $81,504-75.3% | $102,437-80.4% | $80,959-75.1% |
| Participation rate | 44.1% | 66.9%-22.7pp | 74.5%-30.4pp | 67.7%-23.6pp |
| Annual return | 13.27% | 25.60%-12.3pp | 24.95%-11.7pp | 35.67%-22.4pp |
| Employer contribution / active EE | $2,082 | $3,104-32.9% | $3,871-46.2% | $2,757-24.5% |
| Participant deferral / active EE | $3,282 | $3,871-15.2% | $5,060-35.1% | $4,300-23.7% |
| Admin fee / account holder | $225 | $6,719-96.7% | $8,388-97.3% | $6,925-96.8% |